Stock futures are little changed after tech powers S&P 500 to fifth straight winning day: Live updates
Stock futures flickered near the flat line on Monday evening.
Futures tied to the Dow Jones Industrial Average added 9 points, or 0.03%. S&P 500 futures gained 0.03%, while Nasdaq 100 futures ticked up 0.08%.
In regular trading, the Dow ended Monday higher by more than 200 points. The S&P 500 added 0.7%, and the Nasdaq Composite jumped 1.1%, marking the fifth positive day for the two indexes. The Nasdaq 100 , meanwhile, climbed about 1.2% and hit a 22-month high earlier in the day.
Microsoft climbed 2% and touched a 52-week high after the company said former OpenAI CEO Sam Altman would lead its artificial research team. Chipmaker Nvidia added 2.3% and closed at an all-time high ahead of fiscal third-quarter results on Tuesday afternoon. The S&P 500's information technology sector was the top gainer, rising 1.5%.
’s newsletters.On Tuesday, investors will keep an eye out for the minutes from the Federal Reserve's Oct. 31 to Nov. 1 policy meeting . Traders are hoping to glean some insight into policymakers' rate decision and learn what it might take for them to change tack going forward. Fed funds futures pricing data suggests a nearly 100% probability that the Federal Open Market Committee will hold steady on rates at its upcoming December meeting.
A slate of companies, aside from Nvidia, will also post quarterly results Tuesday: Lowe's and Best Buy are due to report before the bell, while HP will issue results in the afternoon.
Markets are on a shortened trading week due to the Thanksgiving holiday on Thursday, followed by a 1 p.m. Eastern time close on Friday.
Stock futures open little changed
Stock futures were little changed on Monday, following strong gains from tech firms Nvidia and Microsoft which helped lift the S&P 500.
Futures tied to the Dow Jones Industrial Average slipped 5 points, or 0.01%. S&P 500 futures and Nasdaq 100 futures hovered near the flatline.
— Brian Evans