Dell will highlight a handful of tech company results this week. Also reporting earnings will be food giants Smucker and Campbell Soup, also Marriott and other members of the lodging and hospitality industry, and the first of a long string of results from retailers.
Several biotech stocks were on the move Monday after Deutsche Bank initiated coverage on some of them. The bank's analyst, Robyn Karnauskas, took a generally wary view on the biotech sector, only putting buy ratings on Gilead and Dendreon.
Goldman Sachs (GS) shares are up nearly 2% in premarket trading Tuesday morning after analysts at JPMorgan Chase upgraded the giant investment house to overweight from neutral, saying the firm won't need to raise any additional money to satisfy new capital rules.