"Equities had a strong first quarter 2024, so the fact that stocks are consolidating and even drifting lower is not entirely a surprise."

Wall Street was poised to kick of the week with gains as investors focused on the latest deluge of corporate earnings. U.S. futures were higher early Monday, with the contracts for the S&P 500 and Dow Jones Industrial Average both up 0.

U.S. equity futures moved firmly higher Monday as Wall Street looked to snap its longest losing streak in more than eighteen months on the back of fading geopolitical risks heading into one of the busiest earnings weeks of the year.