U.S. stock-index futures slipped Sunday, after Wall Street narrowly avoided its fourth straight weekly loss Friday.
Dow Jones Industrial Average futures
YM00,
-0.24%
were last down about 100 points, while S&P 500 futures
ES00,
-0.28%
and Nasdaq-100 futures
NQ00,
-0.30%
declined.
After a volatile week, stocks ended on a high note Friday. The S&P 500 index
SPX,
+2.43%
rose 2.4% to 4,431.85; the Dow Jones Industrial Average
DJIA,
+1.65%
gained 1.7%, or 565.69 points, to 34,725.47; and the Nasdaq Composite Index
COMP,
+3.13%
closed up 417.79 points, or 3.1%, at 13,770.57.
Markets were roiled last week as investors weighed rising inflation, expected Fed rate hikes, quarterly earnings and the ongoing pandemic.
For the week, the Dow booked a gain of 0.8%, the S&P 500 index climbed 1.3% and the Nasdaq finished up 0.01% higher. Despite the slight gains, the Dow and S&P 500 are on track for their worst months since March 2020, and the Nasdaq is on pace for its worst month since October 2008.
Crude oil prices
CLH22,
+1.12%
BRNH22,
+1.02%
gained Sunday, while bitcoin
BTCUSD,
-0.39%
and other major cryptocurrencies were little changed amid a monthlong slump.
