Monday’s S&P 500 index futures saw new all-time highs, but just as those gains seemed locked in, sellers swooped to sell the rally. 

Sunday night kicked off with the index melting up from 6329.75 toward the all-time high, but a slight pre-open selloff set a cautious tone. Support held above unchanged, and once the bell rang, bulls blasted to fresh peaks in the 6370s. They plateaued there for most of the day,  topping 6374, but the final 1.5 hours turned brutal as sellers unloaded, dragging the index futures back near the start of the day.

The session wrapped below the day’s midpoint at an all-time closing high of 6344.75, up 10 handles. 

Tomorrow is set to bring a wave of earnings in the morning and evening, plus fedspeak throughout the day. 

Among the top components, Alphabet Inc (NASDAQ: GOOGL) emerged as the biggest gainer, advancing $5.04, or 2.72%, to $190.10. 

That outpaced the cash index’s 0.19% rise by over 14 times. 

On the other hand, Eli Lilly And Co (NYSE: LLY) tanked as the biggest loser, declining $9.53, or 1.23%, to $762.18.