U.S. stock index futures were higher Tuesday following a handful of better-than-expected earnings reports and as investors seemed to overlook a handful of disappointing economic news.
Goldman Sachs posted earnings that were better-than-expected, helped by aggressive cost-cutting, strong investment banking and trading revenues. In addition, the financial giant raised its dividend.
Coca-Cola earnings and revenue also topped forecasts, thanks to increased prices and volume.
And fellow Dow component Johnson & Johnson also reported earnings that beat expectations.
Tech giants IBM , Intel and Yahoo are slated to post earnings after-the-bell tonight.
Apple remained lower, extending its losses after slumping 8.8 percent over the past five-consecutive sessions. The recent decline marks the stock's biggest 5-day drop in more than three years. Apple is now down nearly 10 percent from its record intraday high of $644.00 on April 10.