Futures Signal Flat Open

Today 9:15 AM ET (Briefing.com)

S&P futures vs fair value: -0.90. Nasdaq futures vs fair value: -1.50. The stock market is on track to begin today's session on a flat note, with the S&P 500 looking to continue its climb after gaining 3.5% over the past six sessions. Although the market is gearing up for a subdued start, quarterly earnings that have been received since yesterday's closing bell were mostly better than expected. Dow components Boeing (BA 130.99, +3.44) and Procter & Gamble (PG 80.50, -0.10) both reported above-consensus results, but only Boeing sports a pre-market gain at this juncture.

Elsewhere, biotechnology is expected to receive significant attention after Amgen (AMGN 116.05, -3.25), Biogen (BIIB 309.80, +3.60), and Gilead Sciences (GILD 75.40, +2.54) reported their results. Amgen and Biogen missed earnings estimates while Gilead reported a strong quarter.

Treasuries display modest gains to start the session, with the 10-yr yield down two basis points at 2.69%.