U.S. equities began 2018 on a positive note, jolted by a sense of optimism for the new year. The major stock indices mostly reclaimed the losses registered ahead of the extended New Year's weekend, with the tech-heavy Nasdaq (+1.5%) settling above the 7000 mark for the first time ever. The S&P 500 (+0.8%) also finished at a new record high, while the Dow Jones Industrial Average (+0.4%) underperformed.
No notable companies are scheduled to report earnings after the close.
Futures are slightly lower after hours: S&P 500 futures are -2 from fair value of 2696 and Nasdaq futures are -8 from fair value of 6523.
Tomorrow morning, CMC, NEOG and UNF are expected to report earnings.
Economic data out tomorrow morning: December ISM Index (Briefing.com consensus 58 from 58.2 in November) at 10:00, November Construction Spending (Briefing.com Consensus +0.7% from +1.4% in October) at 10:00. December auto sales will be reported tomorrow.