Dow Jones futures rose slightly Monday afternoon, along with S&P 500 futures and Nasdaq futures. The U.S. stock market is closed for Presidents Day.

The stock market rally had a positive, volatile week, with the S&P 500 just below all-time highs. The Nasdaq and Dow Jones aren’t far behind. Several growth ETFs are hitting 52-week or record levels. Small caps continue to struggle.

Dow Jones Futures Today

Dow Jones futures were 0.2% above fair value. S&P 500 futures climbed 0.2% and Nasdaq 100 futures rose 0.15%.

U.S. stock and bond markets are closed in observance of Presidents Day on Monday, but exchanges around the world are open. Dow futures will trade normally.

Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.

Tesla (TSLA) reportedly faces a possible delay in Chinese approval of Full Self-Driving.

AI giants Broadcom (AVGO) and Amazon.com (AMZN) are near buy points. Axon Enterprise (AXON), which has its own AI efforts, flashed an early entry Friday.

Nvidia (NVDA) has reclaimed a key level, recovering from the DeepSeek sell-off on Jan. 27, forging an ugly consolidation.

Warren Buffett’s Berkshire Hathaway (BRKB) late Friday disclosed new buys and sells in the fourth quarter. Buffett still holds 300 million Apple (AAPL) shares. Berkshire had sold Apple stock for a four straight quarters? Berkshire stock is working the right side of a base.

Axon Enterprise is on IBD Leaderboard and SwingTrader. Broadcom is on the IBD 50. Both are on the IBD Big Cap 20.

Stock Market Rally

The stock market rally was looking weak at Wednesday’s open but staged a bullish reversal, with the S&P 500 and Nasdaq finishing the week almost at record highs. Ultimately, markets viewed the week’s inflation and other economic data as relatively tame. Meanwhile, President Donald Trump announced sweeping new tariffs, but they won’t start until at least April.

The Dow Jones Industrial Average advanced 0.55% in last week’s stock market trading, just over 1% below its early December peak. The S&P 500 index gained 1.5%, coming within one point of its all-time high at Friday’s high. The Nasdaq composite jumped 2.6%, back above the 20,000 level and within 1% of all-time levels. The small-cap Russell 2000 closed essentially flat, once again hitting resistance at the 50-day line.

The Invesco S&P 500 Equal Weight ETF (RSP) rose 0.45% for the week, regaining the 50-day line but still some distance from its November peak.