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U.S. stock futures were heading higher early Monday, building on the record highs reached last week.
Dow Jones Industrial Average futures added 80 points, or 0.2%. S&P 500 futures were gaining 0.2% and Nasdaq 100 futures increased 0.3%.
All three indexes finished at all-time highs Friday after a busy few days in which Donald Trump, widely seen as good for company earnings, won the presidential election and the Federal Reserve lowered interest rates. The S&P 500 had its best week in more than a year. Traders will now look ahead to new inflation data and a string of earnings from companies such as Home Depot and Shopify.
“With the Trump victory, the market might conclude that there may be changes in animal spirits in the near-term and policy in the medium-term,” said Deutsche Bank strategist Jim Reid.
U.S. bond markets were closed on Monday for Veterans Day.
