Stock futures rose in the early hours of Sunday after the market fell for the 8th week in a row.
The futures on the stock market gained some ground. The S&P 500 futures rose while the Nasdaq 100 futures fell.
The S&P 500 fell into bear market territory on Friday. The benchmark did not close in a bear market despite being down 20% at one point.
The S&P 500 closed higher in the regular trading session after falling as much as 2.3% earlier in the day. After sinking as much as 600 points, the dow added 8.77 points at 31,261.90, and the nasdruped.
The S&P 500 is off its record high while the DOW is down. The Nasdaq is in a bear market.
The S&P 500 ended a seven-week losing streak last week, its worst since 2001, while the Dow lost eight weeks in a row.
For the first time in over a decade, the index saw a negative week. The tech-heavy index was at its lowest point since November 2020.
The consumer staple sector had its worst weekly performance since March 2020 as it fell 8.63%. The week ended on top for energy. Consumer discretionary and communication services ended the week off their highs.
Uncertainty is something investors hate and they always try to guess what will happen.
There will be a new round of earnings this week, including big retail names. The results of several companies will be reported later in the week.
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