US futures are slightly higher as investors look to earnings for direction. IBM reported earnings that missed while Morgan Stanley reported better than expected earnings. No major economic data is due to be released today. Markets in Asia closed mostly lower as they track the US markets with the Shanghai index leading the way lower. European markets are trading mixed with the DAX and the CAC higher while the FTSE as the UKâ€™s snap election coming up in June still looms over investors.