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The major U.S. index futures are currently pointing to a modestly higher open on Monday, with stocks poised to add to the strong gains posted last week. The markets may continue to benefit from recent upward momentum, which lifted the major averages to new record highs last week.
The benchmark S&P 500 and the tech-heavy Nasdaq both touched all-time highs last week, with the blue-chip Dow closing above the 40,000 level on Friday
Stocks have moved mostly higher during trading on Monday, adding to the strong gains posted last week. With the upward move, the Nasdaq and the Dow have reached new record intraday highs.
Curtis Priem is donating more than $75 million to help Rensselaer Polytechnic Institute become a hub for a cutting-edge technology.
The Dow Jones fell on the stock market today. AI leader Nvidia got some price target hikes. Li Auto and Tesla stock were lower.