NEW YORK, NEW YORK - OCTOBER 16: Traders and others enactment connected the New York Stock Exchange (NYSE) level successful New York City.
Spencer Platt | Getty Images
U.S. banal futures ticked higher Sunday nighttime aft the Dow Jones Industrial Average and S&P 500 notched their best play triumph streaks of 2024.
Dow Jones Industrial Average futures roseate by 44 points, oregon 0.1%. S&P 500 futures and Nasdaq 100 futures climbed 0.13% and 0.16%, respectively.
The moves travel aft some the S&P 500 and 30-stock Dow registered all-time highs connected Friday, cementing a sixth consecutive play beforehand that is this year's champion for some benchmarks. The S&P 500 ended the week 0.85% higher, portion the Dow closed up 0.96%. The Nasdaq Composite climbed 0.80%.
Whether stocks tin prolong those gains whitethorn beryllium connected whether companies tin bushed expectations this net season, which is acceptable to ramp up this week. Roughly one-fifth of S&P 500 companies are acceptable to study done Friday.
Thus far, the results person been mixed. Of the 14% of S&P 500 companies that person already posted third-quarter results, 79% person beaten expectations, according to FactSet's John Butters. However, the magnitude of those beats person been much lackluster, helium noted.
The caller winning streak has investors optimistic equities inactive person further to run. Still, they are mindful that stretched valuations, up of the U.S. statesmanlike predetermination and amid rising geopolitical risks, could besides mean further choppiness.
"If we're not truly getting the benignant of confirmation that the marketplace is worthy this elevated price, you know, past we could extremity up seeing a digestion of gains travel reasonably soon," said Sam Stovall, main concern strategist astatine CFRA Research.
Elsewhere, connected the economical front, starring indicators for September are owed retired Monday, astatine 10 a.m. ET.
Where net basal
Of the 14% of S&P 500 companies that person posted results frankincense acold this net season, 79% of them person exceeded expectations, arsenic of Friday's close, according to FactSet.
But companies are picking up the gait this week. Roughly one-fifth of S&P 500 companies are acceptable to study results Monday done Friday.
— Sarah Min
Leading indicators owed retired Monday
Leading indicators for the period of September is owed retired Monday, astatine 10 a.m. ET.
Economists polled by FactSet expect it to amusement a 0.3% alteration past month, down from a 0.2% dip successful the anterior reading.
— Sarah Min
Stock futures unfastened small changed
Stock futures opened small changed Sunday night.
Dow Jones Industrial Average futures roseate by 36 points, oregon 0.08%. S&P 500 futures and Nasdaq 100 futures climbed 0.09% and 0.08%, respectively.
— Sarah Min
English (US) ·