US pre-open: Futures edge higher as Fed meeting begins, earnings roll in

27th Oct 2026 12:11

(Sharecast News) - Wall Street futures were in the green ahead of the opening bell on Tuesday as investors looked to another heavy round of earnings and the start of the Federal Reserve's two‑day policy meeting.

As of 1210 GMT, Dow Jones futures were up 0.24%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.17% and 0.25% firmer, respectively.

The Dow closed 146.42 points higher on Monday as Microchip and AI‑linked stocks traded higher on Monday after Anthropic formally filed for an initial public offering, a move investors hope will inject fresh momentum into a tech sector that has shown signs of fatigue.

In Tuesday's early morning corporate news, Boeing posted a narrower third‑quarter loss, with net loss reduced to $116m from $5.34bn a year earlier. Revenue rose 4% to $24.2bn, helped by stronger defence and services activity, while defence earnings jumped to $492m and backlog hit a record $101bn. The commercial airplanes unit remained loss‑making, though its operating loss shrank sharply from last year's 777X‑related charge.

Coca‑Cola lifted full‑year guidance for the third straight quarter after topping expectations, now seeing earnings per share growth of at least 11% and organic revenues up 5% or more. Adjusted EPS came in at $0.91 against $0.88 forecast, with revenues rising to $13.4bn. Net income increased to $4.01bn from $3.7bn a year earlier.

UPS raised its annual revenue and profit outlook after beating quarterly estimates, supported by higher‑margin international air shipments and reduced lower‑margin Amazon volumes. The group said it remained on track for $3bn in cost savings this year. US domestic package margins improved to 7%, while international package margins edged up to 14.9%.

Still to come, Visa, Seagate and Robinhood will all report earnings after the close.

On the macro front, September durable goods orders will be released at 1230 GMT and S&P/Case-Shiller's August home price index was slated for publication at 1300 GMT, while October consumer confidence figures, last month's Richmond Fed manufacturing index and September new home sales data will be follow at 1400 GMT. Finally, the Dallas Fed's October manufacturing index will be out at 1430 GMT.

Elsewhere, the the Federal Reserve will kick off its two-day monetary policy meeting on Tuesday, and, while the central bank was widely expected to keep rates unchanged, market particiapnts will still be looking for clues as to whether or not another rate hike will take place before the end of the year.

Reporting by Iain Gilbert at Sharecast.com