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US Futures Narrowly Mixed; Earnings in Focus


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US stock futures were narrowly mixed on Monday as traders evaluated the latest set of corporate earnings on a quiet day on the data front.

Oil prices inched to the highest level in more than two years with global benchmark Brent Crude up 0.74%, and US crude West Texas Intermediate up 0.56% recently amid Saudi Arabia's anti-corruption probe, which resulted in the arrest of dozens of prominent royals and officials.

There are no economic data due for release.

Federal Reserve President William Dudley is scheduled to give a speech in New York.

In equities, shares of Qualcomm ( QCOM ) were 4.2% higher pre-bell after the company confirmed receipt of an unsolicited proposal from Broadcom ( BCOM ).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks
Referenced Symbols: QCOM , BCOM



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