Stock markets will react as profits increase

U.S. stock futures were higher on Monday morning, with markets appearing poised to rebound from last week’s declines. With little economic news available, investors waited for the next earnings reports, hoping they would continue to beat expectations.

With no macroeconomic releases scheduled for Monday, it appears that the GDP report due on Thursday will actually be the most important of the week as it may reveal a better picture of the US economy and whether it is back on the growth path.