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CNN: Futures begin week higher
 
NEW YORK (CNNMoney.com) -- U.S. stocks were set for a higher start Monday, looking to rebound from the previous week's slump, as investors entered a week full of second-quarter results from corporate America.

Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were up ahead of the opening bell.

Futures measure current index values against perceived future performance.

A drop in consumer sentiment, along with weak earnings results from financial firms Bank of America (BAC, Fortune 500) and Citigroup (C, Fortune 500), pressured stocks at the end of the week and dragged the Dow down by 261 points on Friday.

But investors are awaiting fresh hints about the economy as the quarterly earnings period kicks into full swing, with results from 122 companies on tap this week.

Companies: Delta Air Lines, Halliburton (HAL, Fortune 500) and IBM (IBM, Fortune 500) are among the companies due to report second-quarter results on Monday.

Shares of Boeing Co. (BA, Fortune 500) rose more than 5% after the company received an $9.1 billion order from Dubai-based airline, Emirates, for 30 of its 777-300ER aircrafts.

World markets: European shares were higher in the early going. The DAX in Germany, France's CAC 40 and Britain's FTSE 100 all added less than 1%.

In Asia, Japan's Nikkei tumbled 2.9%. The Hang Seng in Hong Kong lost 0.8%, while the Shanghai Composite added 2%.

Dollar and commodities: The dollar was down against the euro, but up versus the British pound and the Japanese yen.

U.S. light crude oil for August delivery edged down 4 cents to $75.97 a barrel. COMEX gold's August contract gained $2.70 to $1,190.90 per ounce.

Bonds: Treasury prices fell, pushing the yield on the 10-year note up to 2.95% from 2.93% late Friday. Bond prices and yields move in opposite directions.

How much of a hit did you take in the recent correction? Are you worried about a bear market? What changes have you made in your portfolio and what changes do you plan on making for the rest of the year? E-mail your story to realstories@cnnmoney.com and you could be featured in an upcoming article. For the CNNMoney.com Comment Policy, click here.

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