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Stocks Solid, But Short of Weekly Highs

EQUITIES

Equity indices in Europe are on a firm footing, with core continental markets higher by 1.0-1.5%. Nonetheless, core markets are still shy of weekly highs, keeping a breakout contained for now.

US futures are mixed, with the Dow slightly outperforming while NASDAQ, S&P 500 futures lag, sitting in minor negative territory. All time highs for the e-mini S&P sit well within reach at 3859.75.

US earnings season continues, with reports from Microsoft, Johnson & Johnson, Verizon and Texas Instruments among the largest firms to report.

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