Stock Futures Flat as Boeing Slides, Netflix and Bank of America Post Strong Updates

US stock futures were mostly unchanged Tuesday morning, following a strong start to the week. Investors are keeping a close eye on corporate earnings and new developments in US-China trade relations. A recent announcement about some tariff exemptions gave markets a small boost on Monday, especially in the tech sector.

Nasdaq futures were up 0.1% after the index rose 0.6% the day before. S&P 500 and Dow Jones futures showed little movement following Monday’s gains of 0.8% each. In other markets, Bitcoin rose around 1% to trade near $85,500, while the 10-year Treasury yield inched up toward 4.4%. Oil prices dropped slightly, and gold futures saw a small increase.

Boeing shares fell by about 3.5% in early trading after reports that Chinese regulators told their airlines to stop accepting deliveries of Boeing jets. The move comes amid rising trade tensions between the US and China. After the US raised tariffs on Chinese goods to 145%, China responded with tariffs of its own, including on US-made aircraft. Chinese authorities reportedly said the new costs made Boeing planes too expensive and also told carriers to stop buying US aircraft parts.

Netflix stock rose over 2% after reports that the company shared strong long-term financial goals with employees. Netflix is aiming to double its revenue by 2030 and hopes to reach a $1 trillion market value. The company also set a goal of making $9 billion in global advertising revenue. Netflix is currently worth about $400 billion and is expected to report its first-quarter earnings later this week.

Bank of America shares were up nearly 2% after the company posted better-than-expected results. The bank reported earnings of $0.90 per share and revenue of $27.37 billion. Analysts had predicted earnings of $0.82 and revenue of $26.80 billion. CEO Brian Moynihan said the company remains in a strong position, even with possible changes in the economy. Despite some losses earlier this year, the bank’s solid performance helped reassure investors.

Johnson & Johnson also beat expectations in its latest earnings report. The company posted earnings of $2.77 per share and revenue of $21.89 billion, both higher than analysts had forecast. It also raised its full-year sales outlook, now expecting between $91.0 billion and $91.8 billion in operational sales. Even with the strong report, J&J shares were down about 1% in early trading, though the stock remains up 7% for the year.

Investors will continue to watch for more earnings results and any news on trade policies that could affect market direction in the days ahead.

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