Bumper earnings, oil, Fed expected to cause a stir on Wall Street

Traders work on the floor of the New York Stock Exchange. Wall Street on uncertain ground as earnings season begins
1 Hour Ago | 01:17
U.S. stock index futures pointed to a lower open on Monday, as investors geared up for a slew of corporate earnings, while continuing to digest the latest remarks from Federal Reserve Chair, Janet Yellen.
Amid discussion around the upcoming U.S. election and fluctuation in the oil price, the Fed has been placed back on the table in recent trading sessions, as investors debate whether the central bank will raise interest rates this year or next.

Big corporate names are expected to shake up sentiment on Wall Street, as they release their latest financial results with Hasbro, IBM and Netflix all set to report Monday. Bank of America posted better-than-expected earnings and revenues, sending its stock higher by nearly 2 percent before the bell.
Charles Schwab, Lennox International, United Continental, and Wintrust Financial are all expected to release earnings too.

U.S. WTI stood around $50.25 per barrel, while Brent hovered around $52 a barrel.

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