The S&P 500 index futures saw bulls pick up another weekend dip during Monday’s session, recovering all of Friday’s losses and then some before the regular session even began, led by strength in tech names.

Overnight, index futures started from a low of 6656 in the front-month contract and quickly climbed into the 6700 handle with ease. The rally gained speed heading into the open, and the regular session began near 6750. Bulls pushed toward Friday’s high but met strong resistance, giving back those early morning gains. Support held near Thursday’s close, and bulls tried rallying from that level several times throughout the day only for bears to retest it. 

Whether it was the late-day comments from Trump on handling the Strait of Hormuz or remarks from Bessent about non-interference in oil futures, bulls briefly pushed to a new high of 6784.75, forming a double-top with Friday’s high. That pop was sold off quickly, and index futures returned to where the day session began in the final hour. The session closed in the upper half of the day’s range at 6755.50, up 69.75 handles.

Tuesday brings minor home-related data and a couple of earnings reports in the morning and evening.

Among the top components of the index, Meta Platforms Inc (NASDAQ: META) stood out as the biggest gainer, climbing $14.27 or 2.33% to close at $627.45.

That performance was over two times better than the cash index’s 1.02% advance.

On the other hand, Walmart Inc (NYSE: WMT) was the biggest loser, slipping $0.53 or 0.42% to close at $125.99.