Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- Here are 10 things you should know for Tuesday, April 23:
1. -- U.S. stock futures were little changed Tuesday after a report showing that growth in China's manufacturing sector may have slowed in April.
The preliminary number for HSBC's Purchasing Managers Index fell to 50.5 from 51.6 in March. A print above 50 indicates expansion. The slowdown in China was blamed on a fall in new export orders, which can be indicative of global demand weakness.
2. -- The economic calendar in the U.S. Tuesday includes new-home sales for March at 10 a.m. EDT.
3. -- U.S. stocks on Monday finished higher.
The S&P 500 gained 0.47% to close at 1,562.50. The Dow Jones Industrial Average added 0.14% to 14,567.17, while the Nasdaq closed up 0.86% to 3,233.55.
4. -- Dzhokhar Tsarnaev, the surviving suspect in the Boston Marathon bombings, told investigators that his older brother, not any international terrorist group, masterminded the deadly attack, a U.S. government source told CNN.
Preliminary interviews with Tsarnaev indicate the two brothers fit the classification of self-radicalized jihadists, the source said, CNN reported.
5. -- Apple
The key to Apple's earnings report will be guidance for the June quarter, as the tech giant gets ready to refresh its product lineup, with the oft-rumored iPhone 5S and new iPad and iPad mini tablets.
TheStreet will be live-blogging Apple's earnings on Tuesday beginning at 3:45 p.m. EDT.
6. -- Netflix
The Los Gatos, Calif.-based company earned 31 cents a share on revenue of $1.02 billion in revenue. Analysts were looking for earnings of 19 cents a share on sales of $1.02 billion.
The company had more than 36 million streaming subscribers at the end of the quarter, up 3.05 million from the previous quarter.
7. -- AT&T
8. -- Chemicals giant DuPont
It also hiked its dividend by 5%.
The company booked earnings of $1.56 a share on revenue of $10.4 billion; analysts were looking for earnings of $1.52 a share on revenue of $10.41 billion.