NEW YORK (TheStreet) -- Stock futures were little changed Monday in the wake of the S&P 500's record run last week as investors weighed slowing growth at McDonald's (MCD)versus higher-than-expect profits at Hasbro (HAS), the children and family entertainment products company.
Futures for the S&P 500 were up 2.25 points, or 0.15 points below fair value, to 1,738.75 after the benchmark index on Friday rose, marking an advance of 22% in 2013, its best year-to-date performance since 1997. This came as investors cheered the possibility of a delay to tapering measures from the Federal Reserve and strong earnings from heavyweights such as Google GOOG.
Earnings reports were garnering mixed reactions so far on Monday.
Hasbro was ticking up 1.08% to $47.75 after posting third-quarter earnings that beat estimates by two cents at $1.31 a share on revenue that exceeded expectations as international strength offset weakness in the U.S. market.
McDonald's shares were slumping by 1.67% to $93.55 after the hamburger chain reported third-quarter earnings of $1.52 a share, topping expectations by a penny, on revenue that matched estimates. McDonald's said that global October comparable sales will likely be relatively flat.
VF Corp. (VFC) was gaining 2.65% to $209.72 after the global apparel company exceeded third-quarter expectations by 13 cents at $3.91 a share and announced a four-for-one stock split and 21% increase in its quarterly dividend rate.
Halliburton (HAL) was shedding 0.9% to $52 after the oil services company reported third-quarter earnings that beat expectations by a penny at 83 cents a share on revenue that just missed expectations. The company said that it expects to see margin improvement during 2014 as its activity in the Gulf of Mexico expands.