S&P Futures Spring After Benchmark Ends Losing Streak

Stock futures were slightly higher early Tuesday, following Wall Street’s rebound, as investors followed the latest batch of corporate earnings.

Futures for the Dow Jones Industrials eked higher 12 points, or 0.1%, to 44.315.

Futures for the S&P 500 gained 14.75 points, or 0.2%, to 6,370.75.

Futures for the NASDAQ jumped 81.25 points, or 0.4%, to 23,377.75.

Palantir shares jumped 6% as the defense technology company said revenue surpassed $1 billion for the first time. On the other hand, Caterpillar posted weaker-than-expected earnings, sending the shares lower. Hims & Hers Health fell more than 12% after second-quarter revenue missed Wall Street’s expectations.

Monday night’s moves come after a winning day on Wall Street that allowed stocks to recover losses from the prior session. The market tanked on Friday as the latest policy rollout on tariffs and a weak jobs report left investors questioning the health of the economy. All three of the major indexes ended the week in the red.

But the S&P 500 was able to jump about 1.5% on Monday, snapping a four-day losing streak. More than four out of every five members of the benchmark average advanced in the session.

The technology-heavy NASDAQ Composite surged nearly 2%, while the Dow climbed about 585 points to erase its Friday loss.

Investors on Tuesday will watch for more earnings reports, with names like Snap, Advanced Micro Devices and Rivian scheduled for after the close. Out of the 358 companies in the S&P 500 that have already reported this reporting season, nearly 82% have beaten expectations, according to FactSet.

In Japan, the Nikkei 225 index gained 0.6% Tuesday, while in Hong Kong, the Hang Seng advanced 0.7%

Oil prices slid 59 cents to $67.50 U.S. a barrel.

Gold prices descended $20.40 at $3,406 U.S. per ounce.