Tuesday morning saw a rise in S&P 500 futures as investors examined the most recent business earnings in light of the upcoming Federal Reserve policy meeting.
Nasdaq 100 futures gained 0.13%, while futures linked to the broad index rose by 0.75%. The Dow Jones Industrial Average futures fell 0.6%, or 224 points.
Sanmina, an electronics producer, surged more than 18% after revealing good profits per share and current-quarter guidance, while cybersecurity firm F5 rose approximately 9% on the strength of a better-than-expected financial report. However, Whirlpool, a manufacturer of home appliances, saw a more than 4% decline after disclosing a lower-than-expected estimate for the entire year.
Following a successful day on Wall Street, which saw the Dow and S&P 500 closing at new highs for the sixth time this year, these actions were taken. The technology-heavy Nasdaq Composite outperformed the other two major indices, rising more than 1% during the session, despite those noteworthy finishes.
Source (CNBC)
