07:03 AM EDT, 07/15/2024 (MT Newswires) -- US benchmark equity indexes were trending upwards before the opening bell Monday as traders await earnings from some major companies.
Standard & Poor's 500 gained 0.4%, while the Nasdaq and the Dow Jones Industrial Average rose 0.5% each in the premarket. Asian exchanges were mixed while European bourses were tracking in the red.
Goldman Sachs ( GS ) is scheduled to report second-quarter earnings before the bell. Later in the week, UnitedHealth ( UNH ) , Johnson & Johnson ( JNJ ) , Bank of America ( BAC ) , Morgan Stanley ( MS ) , Netflix ( NFLX ) , Abbott Laboratories ( ABT ) , American Express ( AXP ) , Schlumberger ( SLB ) and United Airlines (UAL) are some of the companies scheduled to release their financial results.
BlackRock ( BLK ) reported adjusted earnings of $10.36 per share for the second quarter before the bell, up from $9.28 a year earlier.
Investors will also be assessing what impact the recent assassination attempt on former President Donald Trump will have on the stock market, and whether it could lead to further gains in the polls for Trump and Republicans ahead of the November elections.
Trump Media & Technology ( DJT ) shares soared nearly 50% before the open. Apple ( AAPL ) increased 2.1% while Tesla (TSLA) spiked 4.5%.
Monday's thin economic calendar has the Empire State Manufacturing Index for July at 8:30 am ET. Federal Reserve Chair Jerome Powell is slated to speak at 12 pm, while San Francisco Fed President Mary Daly speaks at 4:35 pm.
Before the open, bitcoin jumped 4.7% to $62,800, West Texas Intermediate crude oil inched 0.1% higher to $82.30 a barrel, yields on 10-year Treasuries advanced 3.3 basis points to 4.22% and gold slipped 0.1% to $2,418 an ounce.