NEW YORK (CNNMoney)
The Dow Jones industrial average, the S&P 500 and Nasdaq all gained about 0.1%
Trading volume is expected to be light, with many money managers taking the day off. U.S. markets were closed Friday for Good Friday. European markets and some Asian markets are still closed Monday for the Easter holiday.
It will be a heavy week for corporate earnings, with 11 Dow companies and 161 of the S&P 500 scheduled to release quarterly reports.
Analysts expect overall earnings for the S&P 500 to have declined the first quarter, but results so far have been better than forecast. Of the 82 companies that have reported earnings as of last week, 66% have topped forecasts, according to FactSet Research.
Earnings released Monday painted a mixed picture.
Kimberly-Clark (KMB, Fortune 500), a producer of consumer products including Kleenex, reported a loss that was smaller than the loss reported a year ago. The CEO blamed "cost inflation."
Toy company Hasbro (HAS) and energy producer Halliburton (HAL, Fortune 500) reported gains in net income, after reporting losses a year earlier.
Netflix will report today after the market closes. The stock has been one of Wall Street's big momentum plays and the top performer in the S&P 500 last year, with an incredible 269% rise. But tech stocks have been volatile over the past several weeks, and Netflix shares are down 6% this year.
Related: Fear & Greed Index gripped by fear
There are many other big earnings announcements set for later in the week. GM (GM, Fortune 500), Apple (AAPL, Fortune 500) and Facebook (FB, Fortune 500) will all be reporting.
But it's a slower week for economic data releases, with none set for Monday. The latest existing home sales report will be released on Tuesday.
Related: Here's what to expect this week in the stock market
Some Asian markets were open, but they weren't moving in unison. The Shanghai Composite index fell by 1.5% -- but other major indexes were little changed.
First Published: April 21, 2014: 9:46 AM ET
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