U.S. stock futures are mixed on the heels of a five-session rally for the Dow Jones Industrial Average and S&P 500 amid a wave of corporate earnings; General Motors (GM) shares are declining in premarket trading after the automaker delayed updating its outlook and postponed its earnings call; UPS shares are (UPS) gaining after the firm's results beat estimates; Coca-Cola (KO) stock is moving higher after it reported better-t🎃han-expected profit while saying that tariff impacts would be "manageable"; and President Donald Trump reportedly may soften the impact of his auto tariffs. Here's what investors need to know today.
1. US Stock Futures Mixed After✤ Dow, S&P 500 Extend Rallies
U.S. stock futures are mixed after the 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average and 澳洲幸运5官方开奖结果体彩网:S&P 500 extended their gains to 澳洲幸运5官方开奖结果体彩网:five consecutive sessions Monday as investors continued to pour over a parade of corporate earnings. Dow futures are 0.4% higher, while S&P and Nasdaq futures are down less than 0.1% and 0.2%, respectively. Bitcoin (BTCUSD) is tickꦑin🥃g higher at around $95,000. Yields on the 10-year Treasury note are slightly higher at 4.23%. Oil and gold futures are lower.
2. GM Po𒐪sts Strong Results 🧸But Postpones Outlook Update, Earnings Call
General Motors (GM) reported 澳洲幸运5官方开奖结果体彩网:better-than-expected results for the first quarter, but the company postponed its earnings call by two days amid uncertainty about auto tariffs. The Chevrolet and Cadillac maker delayed updating its full-year guidance and its earnings call until Thursday, citing "recent reports regarding updates to trade policy." GM reported adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $2.78 on revenue that increased 2.3% year-over-year to $44.02 billion, both above Visible Alpha consensus estimates. Shares of GM are 2% lower in premarket trading.
3. UPS Posts Strong Q1 Results, Refrains From Updating Full-Year Outlo♛ok
United Parcel Service (UPS) stock is rising 2% in premarket trading as the 🌳澳洲幸运5官方开奖结果体彩网:shipping giant beat first-quarte♊r estimates, although it held back on updating its full-year outlook amid tariffs uncertainty. UPS reported ad🍸justed EPS of $1.49 on revenue of $21.5 billion, better than the respective $1.41 and $21.1 billion expected by analysts polled by Visible Alpha. The company said 🅰it would provide guidance for the current quarter on its earnings call Tuesday.
4. Coca-Cola Profit Beats Estimates, Firm Cites 'Manageable' Tariff Impacts
Coca-Cola (KO) reported 澳洲♛幸运5官方开奖结果体彩网:first-quarter profit that topped estimates but weaker-than-expected sales. The company posted compar💦able, or adjusted, earnings per share of $0.73 that came in a penny over Visible Alpha consensus, but sales declined 2% year-over-year to $11.1 billion to miss estimates. In an update to its full-year outlo♓ok, Coca-Cola said that its "operations are primarily local, however, it is subject to global trade dynamics which may impact certain components of the company’s cost structure across its markets. At this time, the company expects the impact to be manageable." Shares are up less than 1% in premarket trading.
5. Trump Expected to Soften Auto Tariffs, Report🐟 Says
President Donald Trump is expected soften the 澳洲幸运5官方开奖结果体彩网:auto tariffs burden on foreign-made automobiles and parts, according to a Wall Street Journal report. Trump may exempt companies paying automobile import tariffs from other duties, such as those on 澳洲幸运5官方开奖结果体彩网:steel and aluminum, the report said. The move would be retroactive, allowing companies to be reimbursed for tariffs already paid on those products. The administration also is expected to ease levies on foreign parts used to manufacture cars in the U.S., the Journal said. Shares of "澳洲幸运5官方开奖结果体彩网:Big Three" automakers Stellantis (STLA) and Ford (F) are rising less than 1% in premarket trading.