U.S. Stock Futures Rise After Strong Week for Major Indexes

US stock futures moved higher on Monday following another strong week for Wall Street, with technology and hardware shares leading the gains, Rian Howlett reported for Yahoo Finance.

US stock futures advanced as investors looked to extend gains following another strong week for Wall Street. (Photo: New York Stock Exchange Facebook)

Futures tied to the S&P 500 rose 0.3 percent, while Nasdaq-100 futures gained 0.9 percent. Futures linked to the Dow Jones Industrial Average were little changed.

Last week, the Dow rose nearly 2 percent, closing just below 53,000, while the S&P 500 and Nasdaq Composite each advanced by about 2 percent.

The market's strong first half has raised expectations for continued gains in the third quarter, driven largely by technology stocks despite recent weakness among several major semiconductor companies.

Shares of Micron Technology fell 19 percent during the previous week.