Investors Brace for Earnings Season with Subdued Futures

US stock futures edged higher ahead of another round of critical earnings, with the S&P 500 and Dow Jones Industrial Average ticking up by 0.1%. Bond yields were up, while gold futures held on to key levels above $2,000 per ounce. Earnings season will pick up steam, with another host of bank earnings on deck this week, while investor favorites Netflix, Lockheed Martin, Johnson & Johnson, and Tesla are expected to post quarterly earnings. Housing data will take center stage with NAHB Housing Index data, housing starts, existing home sales, and mortgage rate and application data all expected to be updated this week, offering a picture of the housing market amid a slightly softening rate environment.