S&P 500, Nasdaq poised for higher open as earnings deluge takes center stage
Market Intelligence Analysis
AI-PoweredThe S&P 500 and Nasdaq are expected to open higher as investors await a wave of corporate earnings, with Palantir Technologies' strong premarket performance boosting sentiment.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
The S&P 500 and the Nasdaq looked set for a firm open on Tuesday, stabilizing after a commodity rout in the previous session, as investors geared up for a flood of corporate results through the week. Palantir Technologies jumped 11.2% in premarket trading after upbeat results highlighted demand for its military-grade AI tools, with U.S. defense spending helping lift quarterly sales. "Palantir's good earnings is helpful for the AI trade," said John Campbell, senior portfolio manager, Allspring Global Investments.
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