Equities are slightly higher today after another record close on Friday.
S&P 500 futures are up almost one-quarter of a percent after gaining in the last hour. Most European markets are hovering in a range, though Asian bourses gained more than half a percent in the overnight session. Energy, precious metals, and copper are also strong, while bond yields are falling.
Investors are preparing for a week with relatively little economic data but plenty of corporate results. Two of the main themes so far this earnings season have been improved profitability at financial firms and more optimistic outlooks from industrials. Big-cap tech names such as Microsoft, Google, and Intel, however, have disappointed.
— Option Monster