Dow futures rise 200 points as stocks look to add to record levels

Futures contracts tied to the major U.S. stock indexes rose in extended trading Monday evening after finishing strong last week.

Dow futures rose 215 points, suggested an implied open of about the same magnitude, while S&P 500 contracts added 22.5 points, or 0.5%. Nasdaq 100 futures gained 76 points, or 0.5%.

The U.S. stock market was closed on Monday for Presidents Day.

The major averages finished last week with decent gains even as February’s rally appeared to cool off somewhat. The blue-chip Dow Jones Industrial Average posted two little changed days,…