U.S. stock futures rose slightly on Tuesday, following the Dow Jones Industrial Average’s latest all-time high. The cautious movement comes as investors weigh ongoing gains after last week’s volatility in technology stocks.
As of 4:44 P.M. (GMT+7), Dow Jones Industrial Average futures ticked up by 0.12%, or 59.00 points, to 50,194.90 points, while S&P 500 futures edged up slightly by 0.15%, or 10.10 points, to 6,974.90 points. Nasdaq 100 futures also added by 0.13%, or 32.00 points, to 25,300.10 points.
This follows the Dow’s marginal gain on Monday, pushing it further above the 50,000 points. Meanwhile, the S&P 500 closed about half a percent higher, approaching its own record level, and the Nasdaq Composite led with a 0.9% increase.
Technology shares were at the forefront of Monday’s advance, extending a recovery that began late last week. The broader market has rebounded despite a recent downturn, which was attributed to negative sentiment surrounding large technology firms and the software sector.
Investors are preparing for a series of key economic reports expected this week. The latest figures on U.S. retail sales are set to be released today, followed by a closely watched employment report on Wednesday.
Inflation remains in focus, with the Consumer Price Index and additional inflation data scheduled for Friday. On the corporate front, earnings results due today include reports from Coca-Cola, Ford, Robinhood Markets, Spotify, and CVS Health.
Elsewhere, gold and bitcoin continue to draw market attention as both assets attempt to regain stability after notable declines last week. Bitcoin, in particular, has shown significant price swings, which one market watcher characterized as a pronounced loss of investor confidence.
