NEW YORK (TheStreet) -- Nervous bulls and market bears warning of market tops and imminent corrections have been put on mute after U.S. equities collectively hit another big, round number.
AT&T is the chart of the day as the company moves one step closer to buying DirecTV:
Stock futures on Tuesday were pointing to gains a day after the S&P 500 crossed the 2,000-point milestone. Confidence remained from reassurances last week by top central bankers that the underpinnings of the stock market, as predicated by ultra-low interest rates, will remain intact.
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Dow Jones Industrial Average futures were up 16 points, or 18.13 points above fair value, to 17,072. S&P 500 futures rose 1.25 points, or 1.08 points above fair value, to 1,996.25. Nasdaq futures were up 5.5 points, or 2.62 points above fair value, to 4,069.
The S&P 500 smashed its way through 2,000 on Monday, more than tripling from its low on March 9, 2009 of 666 and surging from the 3.9% dip from July 24 through Aug. 7, propelled by deals announcements and new confidence in Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi.
"The bull market is almost 35 months old now. However, it seems to be maturing rather than aging," said Yardeni Research's president and chief investment strategist Ed Yardeni.
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Ahead of the market open, the Census Bureau reported U.S. durable goods orders jumped 22.6% in July vs. the 7.5% increase expected by economists, driven in large part by strong Boeing
Other economic indicators to be released Tuesday include include the June S&P/Case-Shiller 20-city home price index and June FHFA Housing Price Index at 9 a.m. EDT, and the August consumer confidence report at 10 a.m.
In the latest deals headlines, Warren Buffett is helping finance Burger King's planned takeover of Canadian coffee-and-doughnut chain Tim Hortons. Burger King popped 3.4% to $33.45 in premarket trading. Tim Hortons surged 5.19% to $78.60.
--By Andrea Tse in New York
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