By Oliver Gray
Investing.com - U.S. stock futures eased slightly in early APAC deals on Tuesday, after two benchmark indices extended fresh record closes yet again as investors eschewed signs of a slowing economic recovery and surging coronavirus cases after last week’s dovish comments from Federal Reserve chairman Jerome Powell boosted risk appetite.
During the regular session on Monday, the S&P 500 added 19.42 points or 0.43% to 4528.8, gaining 2.7% for the month, while the Dow Jones Industrial Average lost 55.94 points or 0.16% to 35399.85 and gaining 1.3% for the month. NASDAQ Composite added 136.39 points or 0.9% to 15265.89 climbing 3.32% monthly.
Technology related shares were favoured during the session, as Apple Inc (NASDAQ:AAPL) surged 3% to an all-time high, while Microsoft Corporation (NASDAQ:MSFT) added 1.29% and Amazon.com Inc (NASDAQ:AMZN) lifted 2.15%. Meantime, PayPal Holdings Inc (NASDAQ:PYPL) advanced 3.6% after CNBC reported that the firm was exploring the development of a stocks trading platform for its U.S. customers. Among losers, Zoom Video Communications Inc (NASDAQ:ZM) plunged 12.22% after hours despite reporting better than expected earnings results, as investors focused on slowing growth versus the previous quarter.
On the bond markets, U.S. 10-year treasury yields were at 1.277%.