As futures point to a higher start on Wall Street after finishing strongly Friday, traders will be eying some big names reporting numbers this week.
The stock fell 0.81% in pre-market and then later in the day shed 3.06% to $424.91..
Earnings per share (EPS) for the three months was $5.24 versus $5.40, which was expected by analysts, while revenue was $2.965bn, against expectations of $3.019bn
But the group's second-quarter assets under management rose 16% year-on-year to $5.689 trillion, which topped analyst expectations.
BlackRock_News (@BlackRock_News) 17 July 2017
Shares added 0.02% to $161.15 on the day.
Wall Street sell-siders are expecting the group to report earnings of $0.16 per share on revenues of $2.76bn for the three months to end June.
Shares are nudging 1.10% higher in pre-market.
Also this week, big banks are expected to roll into view with quarterly earnings from heavyweights Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS), which will be sure to put the spotlight on the American economy.
Continued Brexit negotiations are also likely to never be far from headlines as the UK begins the second round of talks with the EU.
Elsewhere today, J B Hunt Transport Services Inc (NYSE: JBHT) shares are down 1.86% as the trucking titan is due to report its quarterly earnings before the bell. But later the share s gained over 2% after the earnings.
AT&T Inc (NYSE:T) shares are 0.41% higher in pre-market after it emerged on Friday that the telecoms conglomerate will reportedly run its wireless and DirecTV satellite television businesses separately from Time Warner's media assets following the $85.4bn acquisition of the entertainment group.
The purchase of Time Warner gives AT&T control of highly popular cable TV channels HBO and CNN, and famous film studio Warner Bros.