Market Watch: BofA, Goldman Sachs, Netflix, and Tesla Earnings Impact Stocks.
TL;DR Summary
US stock futures rose on Tuesday as Bank of America posted better-than-expected Q1 earnings results, while Goldman Sachs missed quarterly revenue estimates. The yield on the 10-year note slid to 3.572%, while the 2-year note yields dipped to 4.16% Tuesday morning. Investors are increasingly skeptical that the Federal Reserve will cut rates anytime soon, with markets pricing in an 86% probability that the Fed will raise interest rates by another 0.25% in May.
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