Futures extend gains with earnings on tap

Apr. 28, 2020 5:57 AM ETBy: Yoel Minkoff, SA News Editor81 Comments
  • U.S. stock index futures are up 1% as an earnings parade makes its way down Wall Street, with nearly 170 S&P 500 companies sharing results this week.
  • Today's lineup includes Pfizer, 3M, Caterpillar, Ford and Starbucks, with the biggest spectacle being Google's report after the close.
  • Analysts are expecting top line numbers from parent Alphabet to be hit by a slowdown in ad spending, though the effects will be more pronounced in Q2.
  • Don't forget about the Fed! The central bank begins its two-day meeting, and while no interest rate changes are expected, all eyes will be on tomorrow's presser from Chairman Jay Powell.

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