(MENAFN– ecpulse) U.S. stock markets set to kick start the week in a positive note as investors keep an optimistic outlook and as quarterly results keep pouring in.
U.S. stock futures were edging up Monday morning, indicating investors remain cautiously optimistic that this year`s record-setting rally will continue.
-Futures on the Dow Jones Industrial Average 0.225% to 15577
-Futures on the S&P 500 gained 0.245% to 1759.00
-Futures on the NASDAQ 100 gained 0.393% to 3381.25. As of 06:52 a.m. ET
U.S. investors will have a variety of company earnings to consider this week, in addition to key data such as the October jobs report and a read on third quarter gross domestic product.
In economic news today, the U.S. government will release its reports on factory orders for both August and September at 10 a.m. ET.
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.
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. HSBC’s profit inched up by 30% in the third quarter.
Asian markets mostly closed with narrow losses.
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