U.S. markets opened up Tuesday after a positive start of earnings season in the U.S. with prospects looking better than expected for Alcoa.
A few minutes before the opening, the future contract on the S & P 500 13.25 points to 1288.75 wins points, while Nasdaq 100 Future takes 23 points to 2369.75 points.
The scores posted all over Europe (+1% to +2.8%) also contribute to the climate of optimism that moved to New York.
Alcoa stock price jumped more than 3% in pre-market quotes. The aluminum giant reported on last night of a loss on the quarter, mainly due to restructuring, and rather reassuring outlook for the coming year.
The group estimated that global demand for aluminum is expected to grow 7% throughout the year, following growth of 12% in 2011.
Tiffany is however expected to decline by 8% after the downward revision of its earnings estimates for the full year ending.
Eastman Kodak will reduce the number of branches to two against three above, to accelerate its shift to digital, return to profitability and create value for its shareholders.
The timing statistics remain scarce today, with wholesale inventories for November, expected up 0.5% on average, after rising by 1.6% in October.