Stocks: Set for another all-time high?

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NEW YORK (CNNMoney)

U.S. stock futures advanced, with the S&P 500 index up 0.2%.

The gains come after the S&P 500 hit a record high on Friday. The S&P, Dow and Nasdaq all rose by roughly 1% last week.

Investors have been broadly pleased by the latest batch of corporate earnings results. Quarterly reports from Burger King (BKW) and Merck (MRK, Fortune 500) are due before the opening bell, while Apple (AAPL, Fortune 500) and Herbalife (HLF) are up in the afternoon.

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Stocks have also found recent support on hopes of continued stimulus from the Federal Reserve. The Fed has a policy meeting this week and is widely expected to say it will continue buying $85 billion in bonds and mortgage-backed securities a month. This unprecedented liquidity has buoyed equity markets around the world.

On the economic front Monday, the Census Bureau will release its monthly report on industrial production at 9:15 a.m. ET, and the National Association of Realtors publishes its monthly report on pending home sales.

Related: Investors wait for Fed, Apple and Facebook

European markets were mixed in morning trading, with Germany's DAX index edging up while France's CAC 40 inched lower.

Nearly all Asian markets ended with gains Monday. Japan's Nikkei surged more than 2%, recovering from a near 3% drop on Friday.