Futures market live action signals Russell 2000 futures rising 0.40%, suggesting small-cap stocks may outperform today on renewed optimism in the domestic economy. Friday saw a continued strong performance as the Dow hit 47,000 for the first time ever and both the Dow and the S&P closed at record highs. The Nasdaq notched a slight pullback after shares in Tesla ( TSLA ) fell through Friday's trading session. Markets are still pricing in two more rate cuts this year, but the possibility of just one more rate cut isn't necessarily bad news, according to Fundstrat head of research Tom Lee. Futures market live spread data shows narrowing between short- and long-term Treasury yields, which could be a catalyst for banking sector stock moves.