US stock futures point to a solid gain

Author: Adam Button | Category: News

S&P 500 futures up 20 points

The S&P 500 fell 7 points on Friday in part because of worries about a Syria strike on the weekend. The strike came but it was limited and didn't spark any confrontation with Russia.

As a result, the market is feeling much better today and S&P 500 futures are up 20 points. To get above Friday's high, the index will need to rise 24 points to 2680.

In terms of earnings, Bank of America reported Q1 profits at a record $6.9 billion or 62 cents per share compared to 59 expected. The strong quarter was in large part because of the tax cut, which the company estimated lowered its bill by 9 percentage points.

The big company on the docket after the bell is Netflix.