Futures slip as focus shifts to earnings from tech-related firms
By Shivani Kumaresan
Reuters
(Reuters) - U.S. stock index futures dipped on Tuesday as investors turned to results from Netflix and other major technology-related companies this week to sustain the positive start to the earnings season.
Streaming service provider Netflix that thrived during last year's lockdowns will be the first among the FAANG group to report quarterly numbers. Its shares slipped about 0.5% in pre-market trading, ahead of its results after markets close.
International Business Machines Corp rose 2.6% as it recorded highest quarterly sales growth in more than two years, boosted by its bets on the high-margin cloud computing business.