The floor of the New York Stock Exchange was occupied by traders.
All three major averages had their best week in six months at the close on Friday.
The futures tied to the Industrial Average went up. The futures of the S&P 500 and the 100 increased.
The moves come after another volatile week for the stock market. There was a gain of more than 748 points on Friday. The S&P 500 and the index rose. Gains were made earlier in the week. The S&P 500 gained 4.7% and the DOW gained 4.9%.
Mixed results have been reported for the stock market. Goldman Sachs and JP Morgan Chase gained more than 4% on Friday. The results have been mixed, but not all of them have been good.
The 10-year U.S. Treasury hit its highest level in six years on Friday. The yield on the bond is inverse to the price.
The equities market is trying to form a bottom to get to the last leg of the bear market, said David Donabedian in a Friday note. It feels like it's two different markets right now. There is a tug of war going on between those who think it's time to own stock and those who don't.
There will be more big earnings reports on deck in the coming week. On Monday, the manufacturing and services purchasing managers index will be released.
Big tech names report earnings this week. The market will likely be impacted by any moves after earnings because of the large size of these companies.
Meta platforms will report earnings on Wednesday. Friday will be the day when Apple and Amazon report.
Carmen Reicke.
The shares looked like they were going to open the week lower.
The move was made after the earnings were reported. The social media company missed revenue estimates despite posting an unexpected profit.
The shares were lower on Sunday.
Carmen Reicke.
Wall Street looks to continue its best week since June as third quarter earnings season gets under way.
Just a few minutes after the start of futures trading on Sunday, the futures tied to the Industrial Average gained more than one percent. The S-P 500 futures were up 1.18%.
Carmen Reicke.