06:57 AM EST, 01/21/2025 (MT Newswires) -- The benchmark US stock measures were trending upwards before the opening bell Tuesday as traders digest President Donald Trump's inaugural address and gear up for a packed week of corporate earnings.

Standard & Poor's 500 and the Nasdaq rose 0.4% each in premarket activity, while the Dow Jones Industrial Average added 0.3%. The majority of Asian exchanges were pointing higher, while most European bourses were heading south midday on the continent.

Trump was sworn in as the country's 47th president for a second term on Monday.

With no economic reports scheduled for Tuesday, investors will be awaiting the latest financial results of several major companies this week, including Procter & Gamble ( PG ) , Johnson & Johnson ( JNJ ) , GE Aerospace (GE), Union Pacific ( UNP ) , Elevance Health ( ELV ) , American Express ( AXP ) and Verizon Communications ( VZ ) .

Charles Schwab ( SCHW ) , Prologis ( PLD ) , 3M ( MMM ) , D.R. Horton ( DHI ) , Fifth Third Bancorp ( FITB ) and KeyCorp ( KEY ) report earnings before the bell, among others. Streaming giant Netflix ( NFLX ) and United Airlines (UAL) post their financial statements after the markets close.

Shares of Tesla (TSLA) gained 1.9% pre-bell while Nvidia ( NVDA ) ticked up 0.9%. Apple ( AAPL ) declined 1.8% while Palantir Technologies ( PLTR ) inclined 1.7%.

Before the open, bitcoin edged less than 0.1% higher to $103,839, West Texas Intermediate crude oil dropped 2.5% to $75.91 per barrel, yields on 10-year Treasuries retreated 2.7 basis points to 4.58% and gold decreased 0.6% to $2,732 an ounce.