Shares of an exchange-traded fund that equally weights stocks in the S&P 500 index were up late afternoon Monday, after back-to-back weekly gains. The Invesco S&P 500 Equal Weight ETF was up 0.5% in late afternoon trading,

Stock futures are higher Tuesday as the U.S. equities market looks to extend a rally that has pushed major indexes to record highs.

The stock market is cruising through a transitional period before economic data ramps up later this week. Things will heat up especially next week, when September numbers start to roll out. The September jobs report will likely be next week's big event.

U.S. stocks finished higher on Tuesday with the S&P 500 and the Dow Jones Industrial Average eking out modest gains to end at record levels as the post-Fed rate-cut rally gained more steam. The Dow rose 0.

Shares of an exchange-traded fund that focuses on Chinese stocks listed in the U.S. were surging Tuesday, after China announced stimulus measures. The Invesco Golden Dragon China ETF was up around 6.5% on Tuesday morning,