S&P 500 stock index futures ticked higher on Monday after Goldman Sachs released its first quarter results ahead of schedule.

Shares of Goldman Sachs shot up 1.4 percent to $131.92 in extended trade after initially falling following the results.

S&P 500 futures rose 1.70 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 17 points, and Nasdaq 100 futures were off 4 points.

(Reporting by Leah Schnurr; Editing by Jan Paschal)