Wall Street set for higher open on upbeat earnings

Wall Street was set to open higher on Monday, setting the stage for the Dow and S&P 500 to hit fresh highs, as U.S. corporate reports continue to top expectations. With the S&P and Dow hitting record intraday highs almost every day last week, investors will assess the quality of second-quarter earnings to justify stock valuations. "The markets are going to be driven by earnings reports while geopolitical problems take a backseat for now," said Peter Cardillo, chief market economist at Fi