U.S. stock prices rose on Monday evening as Wall Street continued to capitalize on momentum from last week.

Dow Jones Industrial Average futures increased by 91 points or 0.3%. S&P 500 and Nasdaq 100 futures climbed 0.5% and 1.1%, respectively. Because of the Memorial Day holiday, U.S. stocks markets didn’t open Monday.

Those moves follow the best weekly gains for the Dow and S&P 500 since November 2020.

After an 8-week losing streak, the Dow ended up 6.2%. The S&P 500 gained 6.5%, and the Nasdaq gained 6.8% on the week, ending positive after seven continual weeks of losses. Investor sentiment was lifted by solid earnings in the retail sector and an inflation report showing that prices may be decreasing.

A chunk of last week’s gains came Friday, when the Dow rallied more than 550 points, and the S&P 500 popped 2.5%. In contrast, the Nasdaq gained 3.3% thanks to solid reporting from tech companies and a drop in 10-year Treasury yield.

The bounce is not a top for traders, as stocks are still well above their highest levels. The Dow is 10.1% below its 52-week high, the S&P 500 is down 13.7%, and the Nasdaq is off by about 25.2%.

Ryan Grabinski, Strategas Investment Strategist and Strategas investor said that while there may be sharp stock snapbacks, it won’t mark a real turning point in the market. The process of building a bear market can be slow and steady. We could continue to decline.”

Traders will review more quarterly earnings from corporate clients during the holiday break. After the bell on Tuesday, earnings from Victoria’s Secret, HP, and Salesforce are expected.