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Wall Street Set To Open Higher As Tesla To Kick Off ‘Magnificent 7’ Earnings: Why This Analyst Thinks Market Weakness Is A ‘Healthy Pullback’

The mood on Wall Street turned tentative on Tuesday as investors awaited earnings reports from the “Magnificent 7,” companies that fueled much of the market’s upside since 2023. Index futures rose slightly in early trading. Asian markets closed mostly higher, while European markets started on a firmer footing. Commodities pulled back, and bond yields held steady.

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3 Energy Stocks Stand Among S&P 500’s Top 10 Performers In 2024 As Oil Prices Reach $90

Sharp increase in oil prices has led to outperformance of energy stocks, with WTI rising 20% this year. EIA forecasts $90/bbl in Q2 2024 and $3.60/gal in retail gasoline prices by 2024. 3 energy firms in top 10 S&P 500 performers YTD and many more set to report earnings in April 2024.

CCJ