Stock futures are steady after S&P 500′s best week since 2020

Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the company’s initial public offering on the floor of the New York Stock Exchange in New York on Oct. 12, 2018.

After the S&P 500's best week since 2020, U.S. stock futures were steady on Sunday.

The futures were up 15 points. The S&P 500 futures were up 0.04%.

Growth stocks helped the three major averages to their best week since November 2020. From Monday to Friday, the S&P 500 increased by 6.1%. The technology-focused index spiked 8.1%, while the blue chip average ended the week 5.5% higher.

After one of the best weeks in years, the question is will stocks hold on to their gains? The calendar is positive for the bulls because April is historically one of the best months for stocks.

The S&P 500 recovered nearly half of its correction losses last week as investors received highly anticipated clarity from the Federal Reserve, which raised interest rates for the first time in a year. The central bank said it expects to raise rates.

The stage has been set by the Fed for investors to focus on earnings again.

The war between Russia and Ukraine is being watched by market participants. If peace talks with Putin fail, it would mean the start of a third global war, warned the President of Ukraine.

Zelenskyy said in an interview with CNN's Fareed Zakaria that if these attempts fail, this is a third world war.

Russian and Ukrainian officials have met intermittently for peace talks, which have failed to progress to key concessions.

There is a rise in Covid cases in Europe due to an emerging variant.

Several companies report earnings this week. On Monday, Nike and Tencent Music will report their quarterly results.

The report was contributed to by CNBC's Patti Domm.