It looks like stock markets will kick off the week with a modest move higher as investors maintain their optimistic outlook and quarterly earnings continue rolling in.
U.S. stock futures were edging up Monday morning, indicating investors remain cautiously optimistic that this year’s record-setting rally will continue.
U.S. investors will have a variety of company earnings to consider this week.
Kellogg and Sysco will report quarterly results before the bell Monday, while Con Edison and Hertz are among the dozens of firms reporting after the market close.
In economic news, the U.S. government will release its reports on factory orders for both August and September at 10 a.m. ET.
Berkshire Hathaway shares were down slightly in after hours trading Friday after the company missed analyst expectations.
European markets were rising in morning trading. London’s FTSE 100 index was up by 0.5%, led by HSBC after the global bank issued a snapshot of its latest quarterly performance.
Asian markets mostly closed with narrow losses.
