Stocks poised to build on gains

Written By limadu on Senin, 21 Oktober 2013 | 17.42

NEW YORK (CNNMoney)

U.S. stock futures were edging higher. The Dow was leading the way with a gain of 0.3%

Third-quarter earnings season continues Monday with results due in the morning from McDonald's (MCD, Fortune 500) and Halliburton (HAL, Fortune 500). Netflix (NFLX) is up after the bell.

Related: Fear & Greed Index

And at 10:00 a.m. ET, the National Association of Realtors will release its monthly report on existing home sales.

U.S. stocks finished higher Friday. The S&P 500 hit a new record high, and the Nasdaq posted a gain of more than 1%.

Related: Nothing holding the market back

Bank stocks may be in focus after weekend news that JPMorgan Chase (JPM, Fortune 500) and the Department of Justice have tentatively agreed to a $13 billion civil settlement to resolve several investigations into the bank's mortgage securities business.

European markets were mixed in morning trading. Indexes in Germany and France slipped, while the FTSE 100 managed a modest gain.

Asian markets closed higher Monday. Shares in Hong Kong added 0.4% and the Shanghai Composite increased 1.6%. Japan's Nikkei gained 0.9% and the yen weakened as export data for September fell short of analyst expectations. To top of page

First Published: October 21, 2013: 5:17 AM ET


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