US stocks are seen starting the new trading week higher after a firm finish on Friday.
It comes as worries over the escalating tensions between North Korea and President Trump seem to have abated, at least for now, and the focus is more on a possible probe by the US into unfair Chinese trade practices and violence in Virginia, America, over the weekend.
A woman died, and 19 were injured, after a car rammed into a group of anti-far-right protesters in Charlottesville on Saturday.
Separately on Monday, US President Donald Trump could struggle to meet economic growth targets amid tension with North Korea and the failure of his plan to “repeal and replace” Obamacare, according to S&P Global Ratings.
In companies, more earnings are expected on Wall Street today and multinational distributor Sysco Corporation (NYSE:SYY) is likely to be a big company in focus.
Analysts expect the firm to report quarterly earnings of $0.72 per share on revenue of $14.33bn before the opening bell. Shares were good gainers on Friday, adding 1.4% to close at $51.58. Today, shares eased 0.97% on the day.
Sysco Q4 17 Earnings:
Adj EPS: $0.72 (est $0.71)
Revenue: $14.4B (est $14.35B)
— LiveSquawk (@LiveSquawk) 14 August 2017
Snap Inc (NYSE:SNAP) shares shed over 1% to stand at $11.71 after hours after the firm posted disappointing results last week.
The group's daily active user growth missed expectations for the second quarter in a row, while at least seven brokers cut their price targets on the group. Heavyweight Jefferies cut the target by the most — to $16 a share from $30 a share.
Elsewhere, VF Corp (NYSE:VFC) saw shares add 0.68% after hours at $62. The group has unveiled plans to acquire Williamson-Dickie for $820mln in cash and raised its full year 2017 guidance.On Monday's regular session the group added 3.10% to $63.50.
Tempur Sealy International Inc (NYSE:TPX), the bedmaker, added 1.13% to $60.82 before the bell after broker Piper Jaffray upgraded the stock to 'overweight' from 'neutral'. On the day, shares added 3.04% to $61.96.
JD. Com Inc (NASDAQ:JD), the Chinese e-commerce firm, added 2.51% to $47.05 after the bell in New York on Friday. Today, shares lost 3.59% to $44.25 each.
On Friday, the S&P 500 closed at 2,441, up 3 points on the day but down 1.43% on the week, while the Dow Jones Industrial Index closed at 21,858, up 14 on Friday but down 1.1% on the week.