U.S. Futures Flat, Harley Davidson, Pfizer & Verizon Miss On Earnings

  • U.S. futures were slightly up to flat after more earnings came this morning
  • The U.S. Justice Department charged Huawei as well as its CFO, Meng Wanzhou, for stealing trade secrets and evading economic sanctions on Iran.
  • Harley Davidson ($HOG) sank 8% on earnings and revenue miss
  • Apple to report Q4 earnings after the close Tuesday

Tuesday is starting off with mixed feelings as futures are slightly up to flat while big companies like Harley Davidson ($HOG), Pfizer ($PFE), Allergan ($AGN) and Verizon ($VZ) have reported earnings before the market open.

Apple is set to release earnings after the close which will be interesting to see if further slowing has occurred in China for them and the affects of the trade tariffs. This comes about a month after the company announced that it would likely miss revenue expectations because of a macro economic slowdown, but to what extent is what investors will be watching closely.

Indices were sharply lower Monday following ugly earnings from Nvidia ($NVDA) and Caterpillar ($CAT) that put investors on edge.