Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 24, 2025.
Brendan McDermid | Reuters
S&P 500 futures were near the flatline on Monday night, after the fifth straight winning session for the benchmark, as investors awaited more earnings reports.
Futures tied to the broad index slipped about 0.1%, while Nasdaq 100 futures lost 0.1%. Dow Jones Industrial Average futures ticked down 23 points, or less than 0.1%.
Those moves come after the S&P 500 eked out a gain of less than 0.1% on Monday, allowing the index to keep its winning streak alive. The Dow added about 0.3%, while the Nasdaq Composite ticked 0.1% lower.
The three major indexes swung between gains and losses in the choppy session. The Dow tumbled more than 240 points at its low and rallied around 300 points at the day’s high. The S&P 500 and Nasdaq both traded more than 1% in the red at session lows before taking a leg up in afternoon trading.
“Any pullbacks have turned to be buyable,” said Larry Tentarelli, founder of the Blue Chip Daily Trend Report, of the recent market action. “I think the bulls are back in control.”
Investors are gearing up for a busy earnings week, with about one-third of S&P 500-listed firms slated to post results between Monday and Friday. Big Tech is of particular focus, with Meta Platforms and Microsoft expected on Wednesday and Apple and Amazon scheduled for Thursday.
Of the more than 36% of S&P 500 companies that have reported so far this season, about 73% have exceeded Wall Street expectations, according to FactSet. That’s modestly below the 5-year average of 77%, per FactSet.
Traders will also monitor economic data on home prices, consumer confidence and job openings due Tuesday morning.