U.S. stock-index futures went up on Sunday after the worst week on Wall Street since March 2020.
Dow Jones Industrial Average futures YM 00 gained more than 100 points Sunday night, while S&P 500 futures ES 00 and Nasdaq-100 futures NQ 00 advanced.
The S&P 500 SPX lost 84.79 points, or 1.9%, to close at 4,397 on Friday. The Dow Jones Industrial Average DJIA, meanwhile, lost 450.02 points, or 1.3%, to 34,265. 37, and the Nasdaq Composite Index COMP, gave up 385.10 points, or 2.7%, breaking the 14,000 level to close at 13,768. For the week, the Nasdaq slumped 7.6%, its worst performance since March 20, 2020. The S&P 500 fell 5.7%, for its biggest fall since March 2020, and the Dow dropped 4.6%, its worst since October 30, 2020. A number of quarterly earnings reports from big-name companies, including IBM, Microsoft MSFT, Tesla TSLA, and Apple AAPL, are expected to be released on Tuesday and Wednesday. Policy makers are expected to work on raising interest rates, likely in March.