U.S. stock futures traded lower on Sunday night.
Wang Ying | Xinhua News Agency | Getty Images
U.S. stock futures fell slightly on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average fell about 60 points, or 0.2%, while those for the S&P 500 and the Nasdaq 100 also dipped 0.2%.. The Dow jumped 3.3% to post its biggest one-week gain since August, while the S&P 500 and Nasdaq Composite gained 3.8% and 4.6%, respectively, for their best weeks since July.
"Markets last week appeared to price perceived election clarity, and with it, a growing likelihood of additional fiscal stimulus – at least in the pipeline. This was reflected from Small Cap outperformance to rising Treasury yields," Julian Emanuel, BTIG's chief equity and derivatives strategist, said in a note to clients Sunday.
Chances for another round of stimulus before the election appeared to dim over the weekend, however, as both House Speaker Nancy Pelosi, D-Calif., and Senate Republicans pushed back on a
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