With earnings season ramping up and the next Fed interest-rate decision on the horizon, S&P 500 index futures saw a solid bullish recovery on Monday, though the move stayed within the recent consolidation range.

Sunday night trading opened sharply lower, hitting a low of 6879 before dip-buyers stepped in aggressively. By early morning, bulls had pushed futures back toward unchanged, then began testing new highs in the green ahead of the open. The regular session kicked off with strong buying, quickly surpassing last week’s high with minimal hesitation, though the rally’s pace slowed after the breach.

Bulls continued inching higher through the afternoon, reaching a peak of 6995.50 just shy of the psychological 7000 level. Profit-taking remained light until closing imbalances triggered some selling that trimmed gains. The session closed near the day’s high at 6981.25, up 35.50 handles.

Tuesday brings a heavy lineup of earnings reports before the open and after the close.

Among top index components, Apple Inc (NASDAQ: AAPL) led as the biggest gainer, rising $7.37 or 2.97% to close at $255.41, building momentum ahead of its Thursday earnings report. 

That performance was a fabulous five times better than the cash index’s 0.51% advance. 

Conversely, Tesla Inc (NASDAQ: TSLA) was the biggest loser, falling $13.86 or 3.09% to close at $435.20, pressured ahead of its Wednesday earnings report.