Stock futures rose after another round of upbeat earnings reports. IBM reported a 13% jump in quarterly earnings and boosted its outlook for the rest of the year, and Goldman Sachs reported a better-than-expected profit, earning $3.3 billion. Apple and Yahoo are scheduled to release earnings after the bell.
There are no major economic reports scheduled today. Later this week we will get a look at producer prices, durable goods orders, jobless claims and home sales.