NEW YORK ( TheStreet) -- S&P 500 futures were little changed Monday after the index surged past 1,600 for the first time Friday. "Investors continue to be bullish as major U.S. indices breached psychological barriers (S&P 500 1600 and DJIA 15000)," Lee Chen Hoay, an investment analyst at Phillip Futures in Singapore, penned in a note."With little upcoming economic data for this week, market is likely to pay attention to the opinion of U.S. officials at Federal Reserve on the recovery and bond buying." From Wednesday to Friday, a number of Fed officials will be speaking, including Jeremy Stein, Jeffrey Lacker and Esther George. Futures for the S&P 500 were unchanged, or 1.12 points below fair value, to 1,608.5 after the index achieved record levels Friday as job growth in April eased concern that the world's largest economy was unable to translate corporate profits into lower unemployment. Futures for the Dow Jones Industrial Average were rising 3 points, or 133.42 points above fair value, to 14,901 after the index on Friday broke past 15,000, a record intra-day high. Futures for the Nasdaq were up 5.5 points, or 36.56 points above fair value, to 2,940.5. Cliffs Natural Resources ( CLF) was popping 3.97% to $20.70 after FBR Capital analyst Mitesh Thakkar raised his view on the mining stock to outperform from market perform with a price target of $28 after meetings with management left him more confident about Cliffs' ability to endure soft iron ore prices. Tyson Foods ( TSN) was stumbling 5.74% to $23.50 after the meat processing company posted a sharp decline in earnings in the second quarter, hit by consumers replacing beef with chicken products as they tightened spending. Warren Buffett's Berkshire Hathaway ( BRK.B) was gaining more than 2% to $111 after posting first-quarter profit on Friday of $4.89 billion, or $2,977 a class A share, up 51% from $3.25 billion a year earlier. Buffett is expected Monday to do a number of TV interviews following Berkshire Hathaway's shareholders' meeting over the weekend. The U.S. economic calendar is empty Monday. The Hong Kong Hang Seng Index closed up 0.99% Monday. The DAX in Germany was down 0.09%.
Both the Tokyo Stock Exchange and London Stock Exchange were closed for public holidays. Oil futures for June delivery were falling 27 cents to $95.34 a barrel. June gold contracts were up $8.50 to $1,472.70 an ounce. The benchmark 10-year Treasury was down 1/32, lifting the yield to 1.746%. The dollar was rising 0.06% to $82.17 according to the
U.S. dollar index. Follow @atwtse Written by Andrea Tse in New York >To contact the writer of this article, click here: Andrea Tse.