U.S. stocks are poised to open higher on Monday, ahead of more third-quarter earnings reports by S&P 500 companies.
At 6:20 p.m. ET on Sunday, Dow Jones Industrial Average futures gained 28 points, or 0.1%, the S&P 500 futures rose 0.1%, and Nasdaq Composite futures rose 0.1%.
Crude oil futures (West Texas Intermediate, the U.S. standard) gained 0.3% to $80.84 a barrel. Brent crude, the international standard, rose 0.3% to $85.12 a barrel.
Notable earnings this week include reports from BioNTech, Celanese, Constellation Energy, Coterra Energy, Diamondback Energy, Freshpet, Hilton Grand Vacations, NXP Semiconductors, Realty Income, Ryanair Holdings, Treehouse Foods, and Vertex Pharmaceuticals on Monday.
Air Products and Chemicals, DaVita, Devon Energy, D.R. Horton, eBay, Emerson Electric, Fidelity National Information Services, Gilead Sciences, KKR, Occidental Petroleum, Uber Technologies, UBS, and Zimmer Biomet Holdings report earnings on Tuesday.
Adidas, Airbus, Biogen, Corteva, Kellanova, MGM Resorts International, Nexstar Media Group, Roblox, Take-Two Interactive Software, Walt Disney, and Warner Bros. Discovery report on Wednesday.
AstraZeneca, Becton Dickinson, Hologic, Honda Motor, Illumina, Merck, SoftBank Group, Sony Group, Tapestry, Trade Desk, TransDigm Group, and Wynn Resorts report earnings on Thursday; and Shiseido reports on Friday.
Among this week’s notable economic events, on Tuesday, the Federal Reserve will report consumer credit data, including revolving credit (mainly credit cards) and nonrevolving credit such as mortgages and auto loans, for September.
On Thursday, the Labor Department will release initial unemployment benefits claims for the week ended Nov. 4. On Friday, the University of Michigan will release its Consumer Sentiment Index for November.
Write to Janet H. Cho at [email protected]
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