U.S. stock futures were little changed on Monday night after the S&P 500 rose to another fresh record during the regular session.
reporting stronger-than-expected results for the second quarter and citing a rebound to pre-pandemic levels of activity. Lyft and Caesars each rose more than 3.5% in extended trading.
In the regular trading session, the Dow Jones Industrial Average jumped 278 points, or 0.8%, to 35,116.40. The S&P 500 gained 0.8% to a new all-time closing high of 4,423.15. The Nasdaq Composite rose 0.6% to 14,761.29. Those gains followed an early morning slump during which equities across the board were mostly in the red after the 10-year Treasury yield fell to 1.15% Monday. The decline in the bond yield was driven by concerns about the spread of the delta coronavirus variant and comments by Federal Reserve Governor Christopher Waller, who told CNBC that the central bank could start tapering its bond purchasesThe 10-year Treasury yield inched slightly higher to 1.17% Tuesday.
Earnings season continues Wednesday with Toyota and General Motors set to report before the bell. Travel stocks MGM Resorts, Wynn Resorts and Booking Holdings will report after the bell.
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