Stock futures are flat after S&P 500 posts best week of the year

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Stock futures are flat after S&P 500 posts best week of the year
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U.S. stock index futures were little changed during overnight trading on Sunday.

So far 56% of S&P 500 companies have posted quarterly earnings, with 79% beating earnings estimates and 77% topping revenue expectations.

"Overall investors continue to 'sell the news,' " Wells Fargo said Friday in a note to clients. "We are getting late in the cycle. The market is becoming more selective. The tide will no longer lift all boats and the market will become less and less forgiving."

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