U.S. stock index futures were little changed on Monday, as investors sought fresh incentives to keep buying following a rally that has taken major indexes to repeated record highs. The S&P 500 has risen in 10 of the past 12 sessions, ending at records six times in the past seven trading days. On Friday, the benchmark index was lifted by the May payroll report, which pointed to improving economic conditions, though it was slightly weaker than expected. While Wall Street's upward trend looks intact, traders may need new catalysts to maintain its momentum.
Background:
Futures flat with indexes at records [Bloomberg]
U.S. stock futures decline after S&P 500 reaches record [Bloomberg]