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US Futures are Higher as Earnings Take Focus

US Futures are higher as earnings take focus.  Several S&P 500 companies will report earnings this week with expectations for a strong quarter.  This morning, the market has ignored a weekend attack by the U.S., U.K. and France on several sites in Syria that were believed to be key locations for their chemical weapons program.  On the data front, March retail sales beat estimates, while the Empire manufacturing index for April was below expectations.  Later this morning the market will get a look at February business inventories and homebuilder confidence in April.  European shares are mostly lower, giving up earlier gains.  Asian shares closed mixed with Japan’s Nikkei leading to the upside.

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