Brittany Sowacke | Bloomberg | Getty Images
A worker prepares to lift drills by pulley to the main floor of a drilling rig in the Permian basin.
A daily morning look at the financial stories you need to know to start the day.
-Stock futures are higher on strong earnings news. Consumer spending numbers and manufacturing data are due out this morning.
-The S&P 500 is going to bar stocks that have multiple classes of shares. That effectively keeps Snapchat’s parent from joining the index.
-U.S. crude prices are a bit down and straddling the line between $49 and $50 a barrel.