U.S. stocks looked set to take another stab at a record closing high on Tuesday as investors stayed optimistic ahead of productivity figures and other fresh economic data.
Futures for the Dow Jones Industrial Average rose 27 points, or 0.2% to 18,487, while those for the S&P 500 index tacked on 3 points, or 0.1%, to 2,178.50. Futures for the Nasdaq-100 index gained 8.75 points, or 0.2%, to 4,788.
The small premarket gains came after a choppy session on Monday, when the S&P 500 index and Dow average both hit intraday highs during the trading session. However, a decline in health-care stocks soured the rally, leading the benchmarks to close slightly lower.
But the S&P is now just 0.09% from its record close of 2,182.87 reached on Friday, while the Dow is 0.35% off its all-time closing high of 18,595.03, hit on July 20.
"Markets have managed to hold on to the dollar strength/risk positive mood following on from the strong nonfarm-payrolls report on Friday," said Richard Perry, analyst at Hantec Markets, in a note.
"This mood of optimism has seen a recovery in not only the dollar, but also risk appetite, that has pulled equities and commodities such as oil higher. But can these moves continue with a stronger dollar?" he asked.