U.S. stock index futures pointed to a slightly higher open on Monday, as investors turned their attention to corporate earnings results.
Ahead of the opening bell, futures for the Dow Jones Industrials added 17 points, or 0.1%, to 21,612. Futures for the S&P 500 gained 2.25, or 0.1%, to 2,458.25. NASDAQ futures took on 10.25 points, or 0.2%, to 5,853.50
BlackRock reported weaker-than-expected results, but said its exchange-traded fund business saw record inflows. Netflix is expected to report after the bell.
Investors will also be looking out for the Empire State Manufacturing survey.
Last Friday, data revealed that consumer prices remained unchanged in June and retail sales fell for the second straight month. The economic news is likely to dampen expectations of strong economic growth in the second quarter; with investors wondering what this may mean for rate hike strategy by the Federal Reserve going forward.
In the political sphere, investors will be keeping an eye out for any more noise coming out of the White House, as the Russia-linked scandal continues to cause reverberations in markets.
European markets were under pressure Monday morning, while Shanghai’s CSI 300 ducked lower 1.1%. Markets in Japan were shuttered for holiday.
Oil prices slid eight cents to $46.46 U.S. per barrel.
Gold prices gained $6.30 to $1,233.80 U.S. an ounce.