U.S. stock futures edged higher ahead of another round of critical earnings.
Before the market opened, the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) ticked up by 0.1%. Futures tied to the technology-heavy Nasdaq Composite (^IXIC) edged up above the flatline.
Bond yields were up. The yield on the 10-year note climbed to 3.586%, while the two-year note yields gained to 4.14% Monday morning.
On the commodities front, gold futures (GC=F) are holding on to key levels above $2,000 per ounce on the back of hawkish rate hikes comments from Federal Reserve officials last week. Crude oil (CL=F) hovered above $80 a barrel.
Stocks ended lower on Friday, with the Dow Jones Industrial Average down more than 100 points but notching its fourth consecutive weekly gain. It came as disappointing data on March retail sales offset excitement after initial corporate earnings reports came in better than expected.
On Friday, the first round of earnings kicked off since the collapse of Silicon…
This article was written by and originally published on finance.yahoo.com