U.S. stock-index futures gained late Sunday, after Wall Street last week sank to is longest losing streak since 1932.
Dow Jones Industrial Average futures YM00, +0.85% were recently up about 250 points, or 0.8%, while S&P 500 futures ES00, +1.06% and Nasdaq-100 futures NQ00, +1.29% posted gains above 1% Crude prices CL.1, +0.79%, meanwhile, gained slightly in electronic trading.
Last week, the three major indexes declined for the eighth straight week, the longest such streak since April 1932, according to Dow Jones Market Data.
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On Friday, the Dow DJIA, +0.03% edged up 8.77 points, or less than 0.1%, to close at 31,261.90, while the S&P 500 SPX, +0.01% added less than 1 point to finish nearly flat at 3,901.36, after earlier trading in bear-market territory. The Nasdaq Composite COMP, -0.30% fell 33.88 points, or 0.3%, to end at 11,354.62, its lowest close since Nov. 3, 2020.
For the week, the Dow fell 2.9%, the S&P 500 dropped 3.1% and the Nasdaq slid 3.8%.
Investors are looking ahead to a number of major earnings reports this week, including Zoom Video Communications Inc. ZM, -1.32%, Nvidia Corp. NVDA, -2.51%, Costco Wholesale Corp. COST, -1.54% and Macy’s Inc. M, -6.20%.