A.M. Update

S&P futures are down -0.25% to start the holiday shortened week, which isn’t surprising after the recent run to the upside. Also, earnings reports this morning are receiving mixed reactions. Morgan Stanley (MS +1.9%) is up in pre-market after reporting while Goldman Sachs (GS -2.55%) is down. The IMF’s Managing Director Kristalina Georgieva told CNBC in an…