Stock futures rose slightly Monday after excitement over last week’s interest rate cut propelled the Dow Jones Industrial Average to a record closing level. Futures tied to the 30-stock index gained 35 points, or 0.08%. S&P 500 futures and Nasdaq 100 futures climbed 0.17% and 0.28%. The moves come after a winning week on Wall Street that centered around the Federal Reserve’s decision to lower interest rates by 50 basis points, its first cut in four years. Despite some choppiness following the initial announcement, stocks rallied in the days following. The Dow ended Friday at an all-time high close, which was notably above 42,000. All three of the major indexes added more than 1% for the week, during which the S&P 500 also reached new records. “I view this week’s rate cut as being a signal that the Fed is willing to act quickly if it needs an insurance policy against excessive labor market weakening,” said Ronald Temple, Lazard’s chief market strategist, in a Friday note. “The reality is that neither 25 nor 50 bps of rate cuts will materially change the near-term economic trajectory,” he said. “But the signal is important nonetheless, and markets responded the following day taking the S&P 500 Index to a new all-time high.” Investors will be watching Monday for economic data on the service and manufacturing sectors. They’ll also be following speeches from Atlanta Fed President Raphael Bostic, Chicago Fed President Austan Goolsbee and Minneapolis Fed President Neel Kashkari for insights into what the central bank will do next. U.S. Treasury yields were little changed Monday as investors assessed the growth outlook following the Federal Reserve’s jumbo rate cut last week. The 10-year Treasury yield was up just over 2 basis points at 3.751%. The yield on the 2-year Treasury note was flat at 3.572%. Asia-Pacific markets mostly rose Monday as investors digested monetary policy decisions from Japan and China as well as the U.S. Federal Reserve’s sharp rate cut last week. Markets in Japan were closed Monday for a public holiday, but futures contract tied to the Nikkei 225 in Chicago were trading at 38,375, compared to the index Friday close of 37,723.91. The Japanese yen strengthened 0.18% to 143.64. Australia’s S&P/ASX 200 fell 0.69% to close at 8,152.9. In South Korea, the Kospi gained 0.33% to close higher at 2,602.01, while the small-cap Kosdaq gained 0.91% to 755.12. Hong Kong’s Hang Seng index was 0.2% lower as of its final hour of trading, while mainland China’s CSI 300 rose 0.37% to close at 3,212.76. The Taiwan Weighted Index inched up 0.57% to end at 22,285.53. Oil prices rose slightly on Monday after last week’s cut to U.S. interest rates and a dip in U.S. crude supply in the aftermath of Hurricane Francine countered weaker demand from top oil importer China. Brent crude futures for November edged up by 14 cents, or 0.19%, to $74.63 a barrel by 0815 GMT. U.S. crude futures for November were up 16 cents, or 0.23%, at $71.16. Gold steadied on Monday after hitting a record high as strong market sentiment and geopolitical tensions were balanced by a stronger dollar which saw some investors booking profits. Spot gold was unchanged at $2,622.16, after hitting an all-time high of $2,631.31 earlier in the session. The rally was a continuation of the “fear of missing out” momentum that followed last week’s bumper U.S. rate cut by the Federal Reserve, said Ole Hansen, head of commodity strategy at Saxo Bank. Non-yielding gold is up over 27% so far this year, heading for its biggest annual rise in 14 years.