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U.S. Stock Futures Flat at Record Highs

Published 27/07/2021, 10:09 am
Updated 27/07/2021, 10:10 am
© Reuters.

By Oliver Gray

Investing.com - U.S. stock futures were trading steady in early APAC deals on Tuesday, after major benchmarks on Wall St touched fresh record highs, gaining for the 5th consecutive session on Monday as market participants proved optimistic amid second-quarter corporate earnings season, while fears of further spread of the coronavirus Delta variant capped gains.

On Monday, the Dow gained 82.76 points, or 0.24%, the S&P 500 added 0.24% and Nasdaq Composite lifted 0.03%.

Among stocks, shares of Tesla Inc (NASDAQ:TSLA) rose 6.54% in extended trade after posting a better-than-expected earnings report. F5 Networks (NASDAQ:FFIV) added 5.85% after hours following a third-quarter earnings beat. Coinbase Global Inc (NASDAQ:COIN) also slipped 1.94% after gains of 9.13% during the regular session on renewed cryptocurrency optimism; however Amazon's (NASDAQ:AMZN) denial of an earlier report that it would start accepting bitcoin for payments dampened sentiment.

Meantime, earnings season continues with big tech stocks Alphabet (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) set to report after Tuesday’s close. Investors will also monitoring the Federal Reserve’s two-day policy meeting set to begin later in the session.

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