Traders work on the floor during the York Space Systems IPO at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 29, 2026.
Jeenah Moon | Reuters
U.S. stock futures were little changed Monday night, after the Dow Jones Industrial Average hit a fresh all-time high.
Dow futures fell by 39 points, or 0.08%. S&P 500 futures were off by 0.06%, while Nasdaq 100 futures added 0.03%.
Investors are coming off a second straight day of gains. The 30-stock Dow rose 0.04%, notching fresh highs on an intraday and closing basis. The S&P 500 gained about 0.5%, while the Nasdaq Composite climbed 0.9%.
Tech stocks rallied Monday, building on their Friday comeback and helping lift the overall market. Investors are hopeful the market can sustain its upward advance after last week’s sell-off — led by fears around software and megacap tech — failed to meaningfully hurt the market on a technical basis.
Indeed, the S&P 500 has managed to recover support above its 50-day and 100-day moving averages, after dipping below them last week, and many asset classes are outperforming the index — bullish signals as far as traders are concerned.
“We don’t think that it’s going to be a clean trade,” Sonali Basak, chief investment strategist at iCapital, told CNBC’s “Closing Bell” on Monday. “It will be choppy, you have to be selective, but there will be winners through this.”
Corporate earnings season continues with Coca-Cola reporting before the open Tuesday. Hasbro and Spotify will also share results.
The latest retail sales report will be released Tuesday morning. Investors are awaiting the big jobs report on Wednesday, and the consumer price index on Friday.
Stocks making the biggest moves after hours
Here are the companies making headlines after hours.
- ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share.
- Upwork — Shares of the online marketplace for freelancers tumbled 22% after the company disclosed active clients at the end of 2025 was 785,000, down from 832,000 at the end of the prior year. Upwork also posted current-quarter revenue guidance in the range of $192 million to $197 million, below the $201 million consensus estimate from LSEG. Current-quarter adjusted earnings guidance also missed estimates.
— Sarah Min
