Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
S&P 500 index futures were unchanged at 2118.75 in Monday's session. So far, the rally from last week has stalled just ahead of its all-time high (2126.25) at 2122.75 and retreated to 2116.50 before rebounding to its current level.
Six of the index's top 10 components are in the green. Leading the way on the upside is the index's top component Apple Inc. AAPL, continuing its pre-earnings rally and trading higher by $1.88 at $131.50. It is followed by Facebook Inc FB, which is trading higher by $1.20 at $96.16 after making a new all-time high at $96.36.
Dragging the index down is Exxon Mobil XOM, lower by $0.58 at $82.03. Also in the red is General Electric Company GE, trading lower by a nickel at $27.19.
The SPDR S&P 500 ETF Trust SPY was trading at $212.43, nearly unchanged.
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