The coming week is the busiest of the second-quarter earnings season, with key names including Apple and Facebook in the technology sector, Caterpillar in the industrial sector and Exxon Mobil and Chevron in the energy industry.
Kimberly-Clark reported earnings that beat on both the top and bottom line, while noting good performance in a challenging economic environment.
Sprint reported slightly better-than expected revenue as heavy discounts helped it attract the most postpaid subscribers on a net basis for any first quarter in nine years, Reuters said. However, the fourth-largest U.S. wireless carrier's net loss widened to $302 million, or 8 cents per share, from $20 million, or 1 cent per share, a year earlier, the newswire reported.
U.S. crude oil futures traded about 1.5 percent lower near $43.50 a barrel as of 8:55 a.m. ET.