U.S. Futures are Hovering Near Unchanged as Markets Digest Earnings Reports #Futures #Earnings #Manufacturing

U.S. futures are hovering near unchanged as markets digest earnings reports. Mixed reports from Goldman Sachs and Citigroup has markets searching for direction as both companies reported stronger earnings on weaker revenue. In a CNBC interview, Chicago Fed President Charles Evans said he would be comfortable leaving rates unchanged into the fall of 2020 to allow for inflation to be sustainable. On the data front, the Empire State Manufacturing survey came in stronger than expected in April, rising to 10.1, well ahead of expectations of 6.8. European shares are mostly higher on corporate earnings reports. Asian shares closed mixed on Monday with Japanese shares outperforming the region.

Strong Earnings Have U.S. Futures Rising #Futures ...
U.S. Futures Rise on Strong Earnings and Deal News...

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