U.S. stock futures are trading modestly higher this morning, buoyed by hopes for an Iran peace deal which has also caused oil prices to dip. Global markets were mixed overnight, with notable gains in Europe and Hong Kong.
Stocks to Watch:
- JPMorgan Chase & Co.: The bank reports Q1 earnings pre-market; investors will scrutinize its full-year guidance and economic insights.
- The Goldman Sachs Group, Inc.: Stock fell 3% after its earnings beat, as a drop in fixed income revenue and higher loan loss provisions weighed on results.
- Oracle Corporation: Shares surged nearly 13% yesterday, driven by positive sentiment regarding its artificial intelligence capabilities.
- Intel Corporation: The stock rallied significantly after announcing a $14.2 billion deal and a partnership with Tesla and SpaceX.
With no major economic data scheduled today, the market's primary focus will be on corporate earnings reports for direction.