Inventory futures had been barely decrease Sunday night forward of March’s final—and shortened—buying and selling week.

Futures tied to the Dow Jones Industrial Common edged decrease by 37 factors, or 0.1%. S&P futures and Nasdaq 100 futures misplaced almost 0.1%.

The market is on monitor for its fifth consecutive month of positive aspects, with the foremost U.S. inventory benchmarks crossing new all-time closing excessive ranges final week. The S&P 500 added roughly 2.3% final week, whereas the Dow gained slightly below 2% for its greatest week since December, nearing the 40,000 stage. The Nasdaq Composite, in the meantime, jumped about 2.9% in the course of the interval.

These positive aspects had been fueled by the Federal Reserve’s newest remarks that maintained central bankers’ rate-cutting timeline for this yr, in addition to traders’ ongoing enthusiasm for tech shares amid the AI-powered rally. General investor sentiment stays above its historic common, in accordance with the newest weekly American Affiliation of Particular person Traders Sentiment Survey, reflecting persistent market optimism. Nonetheless, some traders worry the potential affect of an overextended rally and higher-for-longer rates of interest.

“Analyzing Fed fee cycles because the Nineteen Seventies has revealed that, typically talking, traders have extra to worry from the primary fee lower in a cycle than the pause, the interval by which the central financial institution stops tightening and has but to ease,” Strategas Securities analyst Ryan Grabinksi wrote in a Friday observe.

This week, traders will achieve additional perception concerning the path of inflation from the February private consumption expenditures worth index, the Fed’s most popular inflation gauge, launched Friday morning. The market’s response will likely be decided on the next Monday given the Good Friday vacation.