U.S. stock futures fell Monday following a strong week for the major averages, in which the Dow Jones Industrial Average and S&P 500 closed at fresh all-time highs.
Futures for the Dow Jones Industrials settled 165 points, or 0.4%, to 46,486.
Futures for the S&P index dipped 21.75 points, or 0.3%, at 6,700.75
Futures for the NASDAQ sank 87.75 points, or 0.4%, to 24,778.50.
Metsera shares soared 57% in the premarket after the weight-loss drugmaker announced it would be bought by Pfizer for $4.9 billion in cash.
The stock market posted a solid advance last week. The S&P 500 rose 1.2% and Dow picked up 1%. The tech-heavy NASDAQ jumped 2.2%.
Those moves come after the Federal Reserve last week cut interest rates by a quarter percentage point, its first reduction since December.
It was a widely anticipated decision that, after some initial volatility, investors took to mean the central bank has taken a dovish tilt amid rising signs of a slowing labor market.
Markets are now pricing in two more quarter-point cuts between now and the end of the year. Investors will review upcoming macroeconomic data with even more care to ensure that the expected path of monetary easing remains intact.
In Japan, the Nikkei 225 jumped 1%, while in Hong Kong, the Hang Seng moved downward 0.8%
Oil prices retreated 40 cents to $62.28 U.S. a barrel.
Gold prices advanced $41.80 at $3,747.60 U.S. per ounce.
