Dow Futures Rise Amid Robust Earnings, Netflix Pops 7.4% By

© Reuters.

By Oliver Gray

- Dow futures were trading higher during Tuesday’s evening deals, following a strong session for major indices as robust earnings drove sentiment.

By 7:10pm ET (11:10pm GMT) Dow Jones Futures were up by 0.1%, while S&P 500 Futures gained 0.2% and Nasdaq 100 Futures lifted 0.4%

In extended deals, Netflix Inc (NASDAQ:NFLX) surged 7.4% after reporting earnings results, with Q2 EPS coming in at $3.2 versus $2.96 expected while revenues were at $7.97 billion versus $8.03 billion expected. The company noted that it had lost 970,000 subscribers in the second quarter, better than the 2 million it had previously projected.

Interactive Brokers Group Inc (NASDAQ:IBKR) moved 1.8% lower after reporting Q2 EPS of $0.84 versus $0.91 expected, while revenues came in at $656 million versus $736.3 million expected.

Omnicom Group Inc (NYSE:OMC) added  after reporting Q2 EPS of $1.46 versus $1.57 expected on revenues of 5.57 billion versus 3.48 billion expected.

Ahead in the session, market participants will be bracing for a continued deluge of corporate earnings reports, with Tesla Inc (NASDAQ:TSLA), United Airlines Holdings Inc (NASDAQ:UAL), American Airlines Group (NASDAQ:AAL), Snap Inc (NYSE:SNAP), Twitter Inc (NYSE:TWTR) and Verizon Communications Inc (NYSE:VZ) are scheduled to report in coming days.

During Tuesday’s session, the Dow Jones Industrial Average futures rose 754.4 points or 2.4% to 31,827.1, the S&P 500 gained 105.8 points or 2.8% to 3,936.7 and the NASDAQ Composite climbed 353.1 points or 3.1% to 11,713.2.

Major financial companies outperformed amid rising yields and robust earnings from Goldman Sachs Group Inc (NYSE:GS), Citizens Financial Group Inc (NYSE:CFG) and Bank of America Corp (NYSE:BAC).

Halliburton Company (NYSE:HAL) added 2.1% as sharply rising oil prices this year helped to boost profits.

Hasbro Inc (NASDAQ:HAS) added 0.7% after reporting better than expected earnings, while revenue came in below expectations.

Johnson & Johnson (NYSE:JNJ) shares declined about 1.5% after the company cut its full-year revenue and profit guidance while reporting better-than-expected top and bottom line results.

On the bond markets United States 10-Year yields were at 3.028%.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!