Stock futures rise slightly after rip-roaring rally leads Dow to record closing high: Live updates
The major stock averages surged Monday, with the Dow closing at a record high, as Amazon eclipsed $3 trillion in market cap for the first time.
Stock futures rose slightly on Monday night, following a substantial rally during regular trading. The Dow Jones Industrial Average futures were up about 0.2%, or 83 points, while S&P 500 and Nasdaq-100 futures gained around 0.1% and 0.2%, respectively. The rally was driven by lower oil prices and significant gains in major tech names, including Amazon, Nvidia, Meta Platforms, Alphabet, and Microsoft.
Investors are optimistic about the month ahead, citing positive manufacturing and services sector data and recent earnings calls. However, Asia-Pacific markets are expected to open lower, with Japan's Nikkei 225 and Hong Kong's Hang Seng index futures showing a decline.
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