U.S. stock futures climbed Monday night (Tuesday AEDT), setting a positive tone for a shortened trading week following the Presidents' Day holiday.
By 10:20 am AEDT (11:20 pm GMT) Dow futures and S&P 500 futures added 0.2%, while Nasdaq 100 futures gained 0.1%.
The market is coming off a strong week, with the Dow rising 0.6%, the S&P 500 advancing 1.5%, and the Nasdaq Composite leading with a 2.6% gain. Last week's rally was largely driven by investor optimism over tariff policies, easing concerns about potential trade disruptions.
Despite early-year market fluctuations, major indices remain close to record highs as investors seek fresh catalysts for further gains. The Dow and Nasdaq are each about 1% below their recent peaks, while the S&P 500 is just 0.2% off its latest milestone.
Ahead in the week, market participants will be closely building permits and housing starts data, as well as the latest FOMC meeting minutes.
Earnings season continues Tuesday, with Occidental Petroleum and Arista Networks among the key companies set to report their latest results.
