Futures contracts inched higher in the overnight session Sunday evening, suggesting that the major U.S. equity indexes could trade at or near records when regular trading opens in New York.
Dow futures gained 98 points, while those linked to the S&P 500 rose 0.25%. Nasdaq 100 futures were 0.23% higher.
The moves in extended trading came after last week’s trading ended on an upbeat note with both the Dow Jones Industrial Average and the S&P 500 hitting fresh all-time highs on Friday.
Last week, the Dow rallied 2.7% and the S&P 500 gained 1.2%. Despite a 0.9% rally on the week’s final session, the Nasdaq Composite shed 1.5% over the same period.