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US equities beat Apple gains



Apple will release its latest quarterly results after graduation. The company's results are released after other large technology companies released mixed earnings reports. Last week, Facebook reported a weaker than expected revenue and disappointing global daily active users, a key metric for the company. Netflix reported weaker than expected subscriber growth for the previous quarter. Alphabet and Amazon, however, reported stronger than expected results.

The mixed number of these companies has led to a sharp sell-off of technology as investors lose confidence in so-called FANG trading. In the last three sessions, the tech sector has lost 5.4 percent.

The Dow components Procter & Gamble and Pfizer achieved significantly better results than expected before Bell Tuesday. Pfizer was flat in the premier, but Procter & Gamble lost more than 2 percent.

A range of economic data is also due. Personal income, core PCE prices and the employment cost index will be released at 8.30 am ET, followed by the S & P / Case-Shiller House Price Index at 9 pm ET, Chicago PMI at 9:45 am ET, consumer confidence at 1

0 pm ET and the Dallas Fed Services Survey in Texas at 10:30 ET

The Federal Open Market Committee (FOMC) will begin its two-day summer session on Tuesday.

A political decision is made announced Wednesday afternoon, which should indicate whether the Fed decides to change its position in August. However, investors do not expect interest rates to rise, but there could be talk of a discussion of trade or the idea of ​​the Federal Reserve.

The meeting follows the release of much economic news and news that President Donald Trump was "I'm not thrilled" about rising interest rates and expresses concern that the Fed could undermine the recovery of the economy.

The oil price fell on Tuesday in the red area, as worries over the oversupply burdened the mood.


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