US STOCKS-Wall St set to rise as earnings beat low expectations

miércoles 15 de abril de 2015 09:08 GYT

* Bank of America profit rises as costs fall

* Delta profit up helped by cheap fuel

* Netflix to report after the bell

* Futures up: Dow 57 pts, S&P 5.5 pts, Nasdaq 10 pts (Adds details, comments, updates prices)

By Tanya Agrawal

April 15 (Reuters) - U.S. stocks were set to advance at the open on Wednesday as profits beat lowered Wall Street expectations and as investors brace for the impact of a strong dollar on results.

Bank of America's, shares were down 0.5 percent at $15.74. The No. 2 U.S. bank by assets posted a first-quarter profit, narrowly beating analysts' estimates, as legal costs fell steeply and the bank earned more from mortgage lending and investment and brokerage services.

On Tuesday, both JPMorgan Chase and Wells Fargo reported better-than-expected results. Citigroup and Goldman Sachs are scheduled to post results on Thursday.

Intel, which reported results after the bell on Tuesday, was up 3.1 percent at $32.48 in premarket trading. The chipmaker forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in capital expenditures this year.   Continuación...