In the long run, futures stocks are lower to end the week of registration

Contracts on major U.S. stock indices fell on Thursday night as Wall Street seemed to close the week on a downside note.

Dow futures lost 34 points, while the S&P 500 futures ticked just below the flat line. The Nasdaq-100 futures fell 11.75 points, or about 0.1%.

The after-hour moves came after a strong Nasdaq Composite presentation earlier in the day, during the regular session.

The index rose to another record as investors set bets on strong technology gains next week. The technology benchmark rose 0.6% to close at a new level, largely due to a 3.7% increase in Apple shares.

The Dow Jones industrial average and the S&P 500 both had their sessions more disabled, the former falling by 12 points and the latter by less than 0.1% to achieve a new high.

Hopes for a robust earnings season from the country’s largest communications and technology stocks have kept mega-capacity stocks on an upward trend, and major indices close to record, during the shortened holiday week.

Apple and Facebook rose 7.7% and 8.6%, respectively, this week ahead of quarterly results, while Microsoft gained 5.8%.

Eyes on Wall Street are still on Washington, as new President Joe Biden works to lay the groundwork for Covid-19 and its economic recovery agenda.

Investors are increasingly confident that a reduced version of Biden’s original $ 1.9 trillion bill will be considered by Congress. Some moderate senators have expressed doubts about the need for another bill, especially one at such a price, less than a month after Congress passed a $ 900 billion stimulus in December.

Meanwhile, the Senate is expected to overwhelmingly confirm former Fed Chairman Janet Yellen as Biden’s Treasury Secretary on Friday. If confirmed, she would be the first woman to lead the department.

In corporate news, IBM shares fell more than 6% in the extended session after the company reported sales in the fourth quarter below the level expected by analysts. Revenues fell 6% on an annualized basis, the fourth consecutive quarter of declines.