A.M. Update

S&P futures are up +0.3% as part of the slow grind on the same trajectory as the overnight chart. The positive bias in the equity futures trade has been underpinned by the favorable response to earnings results from the likes of Dell (DELL), Autodesk (ADKS), Lululemon Athletica (LULU), Marvell (MRVL), and MongoDB (MDB). Personal income…