December 27, 2024

Traders work on the New York Stock Exchange trading floor during early trading in New York City.

Michael M. Santiago | Michael M. SantiagoGetty Images

Dow Jones Industrial Average Futures Shares were little changed Monday night after the blue-chip index closed at a record high.

Futures tied to the average price of 30 stocks rose 43 points, or 0.1%. S&P 500 Index Futures and Nasdaq 100 Futures Both are also trading close to the flat line.

The moves come after a win on Wall Street S&P 500 Index and Dow Chemical A new intraday high and record closing. It is worth noting that the Dow Jones rose more than 200 points and closed above 43,000 points for the first time.

Information technology stocks led the S&P 500 higher on the day, with the sector closing nearly 1.4% higher. Market gains momentum NVIDIAThe 2.4% gain pushed the artificial intelligence darling to a record closing price.

“I think we have to admit that the S&P 500 is at least overvalued, if not slightly overvalued,” Citi U.S. equity strategist Scott Chronert said on CNBC’s “Closing Bell” program. “But as long as the news flow supports this, The situation can continue. “

Corporate earnings take center stage on Tuesday Goldman Sachs, Citigroup and Bank of America All set and ready to report. In addition to banks, United Airlines, Walgreens Boots Alliance and Johnson & Johnson It’s all on the to-do list, too.

Investors will be closely watching economic data on manufacturing and consumer expectations. San Francisco Fed President Mary Daly, Atlanta Fed President Raphael Bostic and Fed Governor Adriana Kugler are expected to speak throughout the day.

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