Tuesday morning saw a decline in stock futures as traders examined the most recent business earnings in light of the impending Federal Reserve policy meeting. Investors were also waiting on key IT companies to release their findings.
S&P 500 futures were down 0.2%, while Nasdaq 100 futures saw a little decline. Futures for the Dow Jones Industrial Average fell 84 points, or 0.2%.
Following the release of higher-than-expected profits, General Motors shares surged by 7%. Sanmina, an electronics producer, surged more than 18% after reporting good profits per share and current-quarter guidance, while cybersecurity stock F5 rose 9% on the strength of a better-than-expected financial report.
Source (CNBC)
