" \\r\\n<br><div id=\\"RegularArticle-ArticleBody-5\\" data-module=\\"ArticleBody\\" data-test=\\"articleBody-2\\" data-analytics=\\"RegularArticle-articleBody-5-2\\"><span class=\\"HighlightShare-hidden\\" style=\\"top:0;left:0\\"\\\/><div class=\\"InlineImage-imageEmbed hasBkg\\" id=\\"ArticleBody-InlineImage-105103367\\" data-test=\\"InlineImage\\"><div class=\\"InlineImage-wrapper\\"><div><p>Pedestrians walk in snow past the Wall Street subway station near the New York Stock Exchange.<\\\/p><p>Michael Nagle | Bloomberg | Getty Images<\\\/p><\\\/div><\\\/div><\\\/div><div class=\\"group\\"><p>Futures contracts tied to the major U.S. stock indexes rose<strong> <\\\/strong>at the start of extended trading Monday evening after finishing strong last week.<\\\/p><p>Dow futures rose 180 points, suggested an implied open of about the same magnitude, while S&P 500 contracts added 19.25 points, or 0.5%. Nasdaq 100 futures gained 67.5 points, or 0.5%.<\\\/p><p>The U.S. stock market was closed\\u00a0on Monday for\\u00a0Presidents Day.<\\\/p><p>The major averages finished last week with decent gains even as February's rally appeared to cool off somewhat. The blue-chip <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/?symbol=.DJI\\">Dow Jones Industrial Average<\\\/a> posted two little changed days, while the S&P 500 swung within 0.2% for three days in a row.<\\\/p><p>Still, the <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/?symbol=.SPX\\">S&P 500<\\\/a> finished the week with a gain of 1.2%, while the Dow added 1%. The tech-heavy <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/?symbol=.IXIC\\">Nasdaq Composite<\\\/a> rose 1.7%. All three closed at record levels on Friday.<\\\/p><p>Stock strategists say the rollout of the Covid-19 vaccine, economic reopening and expectations for more fiscal stimulus are key to the market's buoyant February thus far.<\\\/p><p>\\"Covid is far from defeated, but the path toward economic normalization is clearer as more vaccines that reduce hospitalizations and eliminate fatalities are approved,\\" Dennis DeBusschere, strategist at Evercore ISI, said in an email.<\\\/p><p>\\"Treasury Secretary [Janet] Yellen's forceful arguments for\\u00a0additional stimulus\\u00a0followed by Fed Chair [Jerome] Powell describing maximum employment as 'our national goal' helped lift bond yields, inflation expectations, and oil prices last week,\\" he added.<\\\/p><p>The Dow has gained 4.9% in February, while the S&P 500 and the Nasdaq have rallied 5.9% and 7.8%, respectively. The S&P 500 has raked in ten record closes in 2021.<\\\/p><p>Still, DeBusschere warned that rising interest rates and an uncertain policy outlook could keep trading from growing too frothy in the near term and recommended investors stick to cyclical stocks that could see the most upside as the U.S. economy recovers.<\\\/p><p>Those so-called cyclical sectors, those most sensitive to an economic rebound, have led the rally in February. Energy is up more than 13% month to date, with financials and materials also among the leading sectors.<\\\/p><p>In corporate news, <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/CVS\\">CVS Health<\\\/a>, <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/OXY\\">Occidental Petroleum<\\\/a>, <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/PLTR\\">Palantir<\\\/a> and others will report earnings on Tuesday.<\\\/p><p>Executives from Robinhood, Melvin Capital and Citadel are scheduled to testify before the House Financial Services Committee on Thursday. Lawmakers are likely to grill the group on the wild trading in GameStop and other heavily shorted equities.<\\\/p><p><em>Subscribe to <\\\/em><a href=\\"https:\\\/\\\/www.cnbc.com\\\/pro\\\/?__source=pro%7Csignup%7Carticleinlinelink\\"><em>CNBC PRO<\\\/em><\\\/a><em> for exclusive insights and analysis, and live business day programming from around the world.<\\\/em><\\\/p><\\\/div><\\\/div>\\r\\n<br><a href=\\"https:\\\/\\\/www.cnbc.com\\\/2021\\\/02\\\/15\\\/stock-market-open-to-close-news.html\\">Source link <\\\/a>"