Traders work at the New York Stock Exchange on June 29, 2026.

NYSE

Stock futures maintained their positive momentum early Monday following a strong week on Wall Street that drove the Dow Jones Industrial Average to record highs.

Futures tied to the 30-stock benchmark added 20 points, 0.04%. S&P 500 futures gained 0.32%, while Nasdaq-100 futures advanced 0.83%.

Asia-Pacific ended mixed on Monday. Japan’s Nikkei 225 closed little changed, while the broader Topix gained 0.92%. South Korea’s Kospi lost 0.46% and the small-cap Kosdaq tumbled 2.46%. Australia’s S&P/ASX 200 fell 0.15% to close at 8,831.00. China’s CSI 300 ended flat at 4,842, while Hong Kong’s Hang Seng was last trading 0.81% higher.

The Japanese yen was trading at 162.24 per U.S. dollar after weakening to a 40-year low against the greenback last week. South Korea’s won depreciated around 0.29% to 1533.45 per dollar after the currency began 24-hour trading.

The Dow climbed nearly 2% last week, putting it within striking distance of 53,000, a level it has never reached. The S&P 500 and Nasdaq Composite also posted sharp gains last week, advancing 1.8% and 2.1%, respectively.

Those gains came even as semiconductors — the force behind many of the market’s gains this year — faltered last week, with investors paring exposure to chipmakers and rotating into other sectors. The VanEck Semiconductor ETF (SMH) shed 3.2%, marking its second losing week in a row.

“The broadening in sector rotation is a big positive, with Financials, Healthcare, and Industrials all closing at new weekly all-time highs this week and more than offsetting the consolidation in Semis,” wrote Mark Newton, head of Technical Strategy at Fundstrat. “While the Semi decline is a short-term headwind that favors owning other sectors while it settles, it has not dented the broader indices.”

Newton expects the S&P 500 to reach 8,000 by mid-August. The benchmark closed last week at 7,483.24, about 7% below the 8,000 mark.

Traders this week will turn their eyes to the Federal Reserve, with the minutes of the June meeting — the first led by new Chairman Kevin Warsh — due Wednesday.