Stock futures dipped slightly in overnight trading Thursday after the S&P 500 reached new highs.

Futures of the Dow Jones Industrial Average lost 15 points. S&P 500 futures dipped 0.3% and Nasdaq 100 futures fell 0.7%.

In Thursday’s regular session, the S&P 500 notched both a fresh intraday high and new record close. The broad index gained 0.3% in its seventh consecutive positive session. The Nasdaq Composite rose 0.6% while the Dow lost 6.26 points (0.02%).

A slew corporate earnings reports were digested by investors. Tesla shares closed 3% higher Thursday, providing support to the S&P 500 and Nadaq Composite.

This third quarter reporting season has seen strong profit growth by companies despite inflation and supply chain headwinds. Out of 101 S&P 500 members that have reported financial results, 82.6% have topped earnings expectations, according to FactSet as of Thursday after the bell.

Crossmark Global Investments chief market strategist Victoria Fernandez said, “In quarters where we thought things might slow down, and there were concerns about how profit margins looked like, these businesses are still doing well.”

Positive market sentiment was also helped by strong jobs data. Initial jobless claims fell to a new pandemic low of 290,000 last week, the Labor Department reported Thursday — down 6,000 from the previous week and lower than the 300,000 expected from economists surveyed by Dow Jones.

For three consecutive weeks, all three of the major averages will close higher. The month has seen all three major averages increase by at least 5 percent.

Investors eagerly awaited Friday earnings reports from Honeywell, Honeywell, Schlumberger, and Cleveland-Cliffs.