US Equity Futures Gain Pre-Bell as Partial Government Shutdown Drags On

MT Newswires Live21:26

US equity futures were broadly higher pre-bell Tuesday as traders digested quarterly earnings amid a partial government shutdown.

Dow Jones Industrial Average futures were up 0.04%, S&P 500 futures were 0.3% higher, and Nasdaq futures were up 0.5%.

The federal government entered a partial shutdown over the weekend as lawmakers struggled to pass a funding measure.

On the earnings front, Palantir Technologies (PLTR) shares were up 11% pre-bell after the company reported overnight Q4 earnings and sales that topped analysts' estimates. Merck (MRK) on Tuesday posted higher Q4 non-GAAP earnings and sales, while Advanced Micro Devices (AMD) is scheduled to report earnings after the closing bell.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.4% at $66.53 per barrel and US West Texas Intermediate crude 0.6% higher at $62.49 per barrel.

The Department of Labor's Job Openings and Labor Turnover Survey is delayed due to the partial government shutdown.

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