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U.S. stock futures on pause with big bank earnings in focus

July 13, 2018

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U.S. stock-index futures pointed to a flat open on Friday, as investors digested the first major reads on the second-quarter earnings season, which could start to provide clarity on whether corporate fundamentals are strong enough to offset the uncertainty surrounding trade policy and other potential headwinds.

Major indexes are on track for strong weekly gains, which could leave limited additional upside potential absent blowout results, which not all analysts are expecting. Friday’s reports from major financial institutions, offering their own mixed picture, have kicked off this earnings round.

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