Stockmarket

U.S. stock futures lift as banking fears ease



© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading slightly higher during Monday’s evening trade, after major benchmark averages gained through regular hours as banking stocks First Republic Bank (NYSE:) recovered.

By 6:30pm ET (10:30pm GMT) added 0.7%, while and gained 0.1% apiece.

In extended deals, PVH Corp. (NYSE:) added 11.7% after Q4 EPS of $2.38 versus $1.66 expected on revenues of $2.49 billion versus $2.36 billion expected.

Ahead in Tuesday’s session, market participants will be monitoring data, and , as well as a testimony from the Fed’s .

Earnings from companies including Micron Technology Inc (NASDAQ:), Lululemon Athletica Inc (NASDAQ:), Walgreens Boots Alliance Inc (NASDAQ:) and McCormick & Company Incorporated (NYSE:) are also slated for release during Tuesday’s session.

On the bond markets, rates were at 3.539%.



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