Stock futures turned higher on Monday ahead of a big week for U.S. corporate earnings and as the U.S. issued a warning to North Korea.

S&P 500 futures rose 0.09%, Dow Jones Industrial Average futures gained 0.1%, and Nasdaq futures rose 0.14%. 

Stocks declined last week as geopolitical concerns dominated trading as markets grappled with confusion about President Donald Trump's next moves with Russia, Syria and North Korea.

U.S. Vice President Mike Pence, who is visiting South Korea, said Monday, "Just in the past two weeks, the world witnessed the strength and resolve of our new president in actions taken in Syria and Afghanistan. North Korea would do well not to test his resolve or the strength of the armed forces of the United States in this region."

Pence's comments follow North Korea's failed ballistic missile test on Sunday and Saturday's parade in Pyongyang that showcased the rogue nation's arsenal of intercontinental ballistic missiles.

West Texas Intermediate crude fell 0.2% to $53.07 a barrel over worries that the increased output from the U.S. could strain oil prices, despite OPEC's push to cut production. The Energy Select Sector SPDR ETF (XLE - Get Report)  dropped 1.83% on Thursday.  

The U.S. consumer price index for March fell more than anticipated at a seasonally adjusted 0.3%, after falling 0.1% percent in February. The data were released on Friday. Core inflation in March, reported at 2.0%, saw its lowest increase since November 2015. U.S. retail sales in March fell a seasonally adjusted 0.2%, more than expected, after a revised 0.3% percent drop in February.

The Empire State manufacturing survey for April fell to 5.2 in April from 16.4 in March, the New York Federal Reserve reported Monday. Economists expected a reading of 14.0, according to FactSet.

M&T Bank  (MTB - Get Report)  , Netflix (NFLX - Get Report)   and United Continental  (UAL - Get Report)   are expected to report earnings on Monday. 

Netflix shares rose 1% in premarket trading. The streaming company is forecast by analysts to report earnings of 37 cents a share on revenue of $2.64 billion.

United Airlines announced over the weekend it was changing company policy and would no longer allow crew members to displace customers already onboard an airplane following last week's forced removal of a passenger on a United aircraft that was about to depart from Chicago for Louisville. 

Shares of MoneyGram International (MGI - Get Report)  rose 8.2% in premarket trading after Alibaba (BABA - Get Report)  affiliate, Ant Financial, said it was raising its bid from $13.25 to $18 a share, valuing the company at $1.2 billion. This offer surpasses a previous offer from Euronet Worldwide of $15.20 a share. Shares of Alibaba were up 0.5% in premarket trading. 

Eli Lilly (LLY - Get Report)  shares dropped 5.7% and Incyte's  (INCY - Get Report)  tumbled more than 10% in premarket trading on Monday after the company's joint application for the drug Baricitinib, a once-daily oral medication for the treatment of moderate-to-severe rheumatoid arthritis, was rejected by the Food and Drug Administration.  

"We are disappointed with this action. We remain confident in the benefit/risk of baricitinib as a new treatment option for adults with moderate-to-severe RA," Christi Shaw, president of Lilly Bio-Medicines, said in a statement. "We will continue to work with the FDA to determine a path forward and ultimately bring baricitinib to patients in the U.S."