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Dow futures dip slightly following gains
Investing.com - US stock futures experienced a slight drop on Monday night after strong performances from major tech companies boosted indices during the regular session.
By 6:20 pm ET (11:20 pm GMT) Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures slipped 0.1% apiece.
In after-hours trading, shares of Jefferies Financial Group Inc (NYSE:JEF) saw a 3% decrease. The financial services company reported a Q4 earnings per share of $0.29, slightly above the expected $0.27, on revenues of $1.2 billion, which fell short of the projected $1.24 billion.
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During Monday's regular trading session, the Dow added 216.9 points or 0.6% to 37,683, the S&P 500 lifted 66.3 points or 1.4% to 4,763.6 and the Nasdaq Composite gained 319.7 points or 2.2% to 14,843.8.
NVIDIA Corporation (NASDAQ:NVDA) reached a new all-time high after surging 6.4%. However, Boeing (NYSE:BA)'s experienced a decrease after news broke over the weekend that the company’s aircraft would be temporarily grounded.
Looking ahead, investors will be keenly observing two critical inflation readings this week to gain insights into the Federal Reserve's future rate cut plans. The consumer price index for December is scheduled for release on Thursday, followed by the producer price index on Friday.
On the bond markets, the United States 10-Year yield stood at 4.029%.
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