NEW YORK (
will be in focus Tuesday as the chipmaker prepares to post first-quarter financial results.
will open the books on its first quarter after the close of trading Tuesday, becoming the first tech bellwether to report first-quarter numbers. Analysts expect the chip giant to notch a profit of 38 cents a share on revenue of $9.81 billion.
Investors will have plenty of other earnings reports to pore over, as
unofficially kicked off the earnings reporting season after the close of trading Monday. The aluminum giant reported a loss of $201 million, or 20 cents a share, narrowing from a year-ago loss of $497 million, or 59 cents a share.
Alcoa's report is followed early Tuesday by quarterly results from
Meanwhile, railway concern
joins Intel in reporting after Tuesday's closing bell.
Turning to the economic docket, traders will be watching March import and export price data as well as the February trade deficit, which are due to be released separately at 8:30 a.m. EDT.
Governor Daniel Tarullo will speak about financial regulation at 10:45 a.m. EDT. His remarks will be followed 7:15 p.m. EDT by Richmond Fed President Jeffrey Lacker, who will offer his U.S. economic outlook.
-- Written by Robert Holmes in Boston
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