Despite central banks' continued easing policy and earnings from 3 of Europe's largest banks beating expectation, US markets are set for a tepid open.
Stocks are slightly higher after both the Dow and S&P 500 cleared record round-number hurdles at the close of last week.
Companies that miss earnings estimates often get a hiding from investors.
Stocks are mixed despite a consumer confidence reading that plunged to its lowest level in more than a year.
Markets are set for a lower start following mixed quarterly results on Monday and ahead of results from Amazon, Corning and Ford.
Caterpillar, Yahoo and a few other companies report earnings.
Exxon Mobil is downgraded to 'neutral,' and TiVo is initiated with a 'buy.'
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