Stock futures monday hold near breakeven as volatility

Stock futures Monday hold near breakeven as volatility indices decline, signaling calmer market conditions. This could encourage risk-on positions in cyclical stock futures. The high valuation of large-cap stocks sends a clear message about the next decade for stocks. Levy said Tesla's performance also reflects technical factors, excitement from retail investors and a catch-up to other Magnificent Seven names. However, he said there jump has brought more attention to what he described as an "ongoing disconnect" between the stock's moves and its near-term earnings power. Stock futures Monday trend upward, driven by optimistic revisions in GDP growth forecasts. Index futures gains suggest that broader macro strength could underpin equity markets in the short term.