Wall Street is expected to start on a downward notes Tuesday morning, extending its decline from the previous day, after a first set of quarterly results in relatively mixed.
A half hour before opening, future contracts on US indices
JPMorgan expected up slightly after the publication of a net profit up 12% for the first quarter, driven particularly by its business markets and investment banking.
Wells Fargo – the number of mortgages across the Atlantic – should his side open in the red after the announcement of quarterly results down ending an impressive series of eighteen quarterly profits up.
Johnson & amp; Johnson also unveiled the results down under its first quarter due to a contraction in sales due to the strong dollar.
Intel will release its quarterly results in the evening.
Corporate profits of the S & amp; P 500 are expected to be down by more than 5% in the first quarter, largely as a result of the strong dollar
On. the macroeconomic front, retail sales rebounded 0.9% in the US in March, slightly less than expected, while prices for industrial production grew by 0.2%, as expected.
Investors now expect the figures for wholesale inventories.
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