US stocks set to open higher ahead of Goldman Sachs results

(RTTNews) -- US stocks were looking to advance Tuesday morning in New York as investors braced for a slew of economic reports and earnings results from Goldman Sachs. As of 1:15 am BST, the S&P Futures were up 6 points, the NASDAQ Futures were up 7 points, and the Dow Futures were up 43 points.

Stocks ended mixed on Monday as fluctuating oil prices also contributed to the lack of direction in the markets.Investors will be looking to Goldman Sachs for more guidance on how the credit crunch is affecting the financial sector.

Goldman Sachs is scheduled to release its second quarter results before the opening bell on Tuesday. The financial company is expected to report earnings of $3.42 per share, down from $4.93 per share a year ago.