Dow Jones Futures Today: Market Rally Extends Gains As Trump Looms, But Will It Last?

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. U.S. markets will be closed Monday for the Martin Luther King holiday.

Stock futures will open Sunday evening, ahead of the long holiday weekend and the inauguration of President-elect Donald Trump.

Stock and bond markets will be closed Monday, Jan. 20, for the Martin Luther King holiday. Trump will be sworn in later that morning.

Markets are expected to be closed to Trump's flurry of day one executive orders, which could impact Wall Street. But bitcoin and other cryptocurrencies will trade, along with stock markets around the world.

Dow Jones futures open at 6 p.m. ET on Sunday, along with S&P 500 futures and Nasdaq 100 futures.

With U.S. stock and bond markets closed Monday for the Martin Luther King holiday, U.S. investors may not get a clear initial reaction to Trump's day one moves until Tuesday.

Bitcoin and other cryptocurrencies will trade, along with stock markets around the world.

The stock market rally showed strong action in the past week.

The Dow Jones Industrial Average gained 3.7% in last week's stock market trading, briefly topping the 50-day moving average Friday. The S&P 500 index popped 2.9% and the Nasdaq composite 2.45%, both moving above their 50-day lines Friday.

The small-cap Russell 2000 jumped about 4%, but is still below the 50-day line.

All the key indexes and equal-weight ETFs are still in ranges going back to December.

More bullishly, leading stocks across a wide range of industries are acting well.

The 10-year Treasury yield dived 16 basis points to 4.61%, falling back from a 52-week high of 4.81% intraday Tuesday.

Bitcoin shot up to nearly $106,000 intraday Friday, just below all-time highs, trading at 104,767.70 as of 4 p.m. ET. Bitcoin and other cryptocurrencies rallied on reports of a pro-crypto Trump executive order on Monday, creating a crypto advisory council. Falling Treasury yields, along with general risk-on sentiment, also buoyed bitcoin.