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Citigroup reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts.
Traders will be watching earnings to see if the rebounding consumer will now be the engine of economic growth, says NYSE floor trader Kenny Polcari.
Wells Fargo posted quarterly earnings that met expectations Friday, while revenue exceeded Wall Street estimates.
Earnings from some of the biggest U.S. tech companies will be in the spotlight this week, giving investors a chance to evaluate the sector's health.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.
11 companies in the S&P 500 have beaten earnings expectations by 10% or more in each of the past four calendar quarters. USA Today reports.
Alcoa reported earnings of 18 cents a share, excluding certain items, on revenue of $5.84 billion.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
DuPont announced lower operating earnings and in the second quarter and consequently lowered its full-year outlook for operating earnings.
Philip Morris cut its 2014 earnings forecast saying it is proving to be a "complex and truly atypical" year for the company.
General Mills reported a 10.4 percent rise in quarterly profit, helped by lower costs.
Oracle reported quarterly earnings and revenue that missed analysts' expectations on Thursday, sending shares lower in extended-hours trading.
June 24- Carnival Corp, the world's largest cruise operator, said its quarterly profit more than doubled as costs fell. Net income rose to $106 million, or 14 cents per share, in the second quarter ended May 31, from $41 million, or 5 cents per share, a year earlier. Excluding items, the company earned 10 cents per share.
BlackBerry reported a smaller-than-expected loss, as the smartphone company's cost cutting and other turnaround efforts started to pay off.
Red Hat raised its full-year adjusted profit and revenue forecast, helped by strong growth in subscription revenue.
FedEx's profit more than doubled from the same quarter last year, when it recorded heavy charges related to cost cutting and restructuring.
Intel raised expectations on second-quarter and full-year revenue, as well as gross margins, based on a stronger-than-expected business PC demand.
Canadian yogawear retailer Lululemon's quarterly net profit fell 60 percent as tax expenses rose.
RadioShack reported its ninth straight quarterly loss and is burning through cash as its struggles to sustain its turnaround efforts.
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