July 8, 2013 11:10 AM
Stock index futures rose, putting the S&P 500 on track for its third straight advance in the wake of recent better-than-expected payrolls reports and ahead of the start of earnings season after the close. The benchmark S&P index rose 1 percent in the prior trading session on the strength of the jobs report. Dow component Alcoa Inc kicked off earnings season after the close. The stock market is up in early trading as it builds on gains from last week's encouraging jobs report. With the holiday weekend behind us, it's time for Wall Street to buckle down for earnings season. As per tradition, Alcoa gets things started after the bell when the Dow component is expected to report earnings of 8-cents a share on $5.92 billion in revenue compared to 6-cents on $5.96 billion in sales during the second quarter of 2012.