US stock futures edge higher, busy earnings week
NEW YORK (AP) — U.S. stock futures are edging higher Monday as more companies report their first quarter earnings. The Standard & Poor's 500 index had its best week since July last week.
KEEPING SCORE: Dow Jones industrial average futures rose seven points, or less than 0.1 percent, to 16,350 as of 9:02 a.m. Eastern time. Standard & Poor's 500 index futures were little changed at 1,858.8. Nasdaq futures rose eight points, or 0.2 percent, to 3,531.
THE EARNINGS TRAIN: More companies are scheduled to report first-quarter earnings this week. Netflix will release its earnings after the closing bell and companies including McDonald's, Delta Air Lines and Ford are among this scheduled to release earnings this week. S&P 500 companies are forecast to report a 1.1 percent decline in earnings for the period, according to data from S&P Capital IQ.
TREASURIES AND COMMODITIES: In government bond trading, prices rose. The yield on the 10-year Treasury note fell to 2.70 percent from 2.72 percent on Friday. The price of oil was little changed at $104.21 a barrel.
