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Dow Jones futures still in the green ahead of GS results
The first of the earlier noted, only two major US firms reporting their Q2 earnings results today has now been released. BlackRock beat on EPS (Earnings Per Share), but missed on revenue. BlackRock is not a Dow Jones component, but the next one coming is. That is Goldman Sachs (GS) and it the second biggest stock in the Dow Jones by weighing and so it can have an impact. Their results are due in around an hour from now and are forecast to show Q2 revenue of around $12.46 billion, with an EPS of $8.34 for the quarter. Ahead of this report the Dow Jones futures have held gains so far today, at one point pricing a reopening close to 40,225 and right now the index future is not much below that level. Naturally, the results from GS soon could push that opening outlook higher, or perhaps push it back down towards where the index closed on Friday, at exactly 40,000.
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