Futures for U.S. indexes were flat late Monday, indicating the Trump rally may rest for a second day Tuesday. However, analysts are saying that the run isn't likely to end until next year.
The S&P 500 was off 0.02%, the Dow Jones Industrials, 0.01%, and Nasdaq, 0.02%, at 9:06 p.m. EST.
Investors Monday appeared to take profits from the run-up following the election. Analysts said the rally is expected to continue, even in the face of volatile oil prices and a December interest rate increase as investors wait expectantly for Trump's pro-business government.
The selling pushed the S&P off 0.53%, the Dow, 0.28%, and Nasdaq, 0.56%, Monday. Europe also had a difficult start to the week with Germany's Dax down 1.06%, the FTSE in London, 0.6%, and the Cac in Paris, 0.88%.
Asia opened mixed Tuesday with Samsung's consideration of transforming into a holding company that would oversee its diverse divisions supporting South Korea's Kospi index, which added 0.06%, while the ASX in Australia gained 0.11% at 9:09 p.m. EST. Meanwhile, the Nikkei in Tokyo slipped 0.21% and the Hang Seng in Hong Kong, 0.13%.
In oil, industry standard Brent crude slid 0.54% to $47.98 while its West Texas relative pared 0.49% to $46.85 as investors are concerned OPEC won't reach a deal to reign in production. The prices were current as of 8:58 p.m. EST and represent per-barrel futures for delivery in January.
The yen remains well above the ¥110 mark, gaining 0.186% to ¥112.034 at 9:08 p.m. EST, while a pound is now worth $1.24, a slide of 0.115%.