The recent gains have come despite an underwhelming start to earnings season and more signs that the U.S. economy is slowing.
Stock futures were largely flat on Monday evening as investors looked to continue a strong start to the week during a busy stretch of corporate earnings.
The muted move in futures comes after a solid start to the week on Wall Street. On Monday, the Nasdaq Composite led with a gain of 2.01%. The S&P 500 and Dow gained 1.19% and 0.76%, respectively. It was the second straight positive day for the major averages, and all three are up in 2023. "It is possible that for this quarter, for Q4, we could see some upside surprises because the economy was holding up well," said Angelo Kourkafas, investment strategist at Edward Jones.
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