U.S. Markets closed

Stock Market Today: Futures Remain Higher After Rise in Durable Goods

Andrea Tse

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:

WATCH: More market update videos on TheStreet TV

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.

Read More: Aug. 26 Premarket Briefing: 10 Things You Should Know

Headlines of Warren Buffett's involvement in Burger King's takeover plans for Tim Hortons also were lifting investor sentiment.

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.

Read More: Burger King Shares Head North on Merger Talks With Tim Hortons

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 orders.

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.

Amazon.com is buying streaming platform Twitch Interactive for $970 million in cash as it seeks to take part in video gaming's growth as an online spectator sport. Amazon was up 0.73% to $336.45.

Dish Network on Monday filed a 202-page petition with the Federal Communications Commission to block the proposed merger of Comcast and Time Warner Cable .

Time Warner's Turner cable division is preparing to offer buyouts targeting 500 to 600 staffers, or roughly 4% of its work force, Reuters reported, citing a person familiar with the company.

Read More: Stock Market Today: Stocks Get Juiced as Yellen Argues for Labor Expansion

--By Andrea Tse in New York

Follow @AndreaTTse

EXCLUSIVE OFFER: See inside Jim Cramer’s multi-million dollar charitable trust portfolio to see the stocks he thinks could be potentially HUGE winners. Click here to see his holdings for FREE.