On Sunday, stock futures dropped as traders hoped that the market would find its feet after an intense week of trading.

Futures that are tied to Dow Jones Industrial Average fell 0.4% or 124 points. S&P 500 futures shed 0.6%, while those for the Nasdaq 100 lost 0.7%.

Last week, the Nasdaq Composite lost 1.54%, while the S&P 500 and Dow dropped 0.21% and 0.24%, respectively. The Dow lost its sixth consecutive week and it was also the fifth consecutive for other major indexes.

Although the weekly cumulative movements were normal, there were some eye-popping day-to-day moves. On Wednesday, the Dow experienced its highest day since 2020. However, it lost all of those gains on Thursday.

Short-lived rallies on Wednesday were triggered by Federal Reserve Chair Jerome Powell’s statement that they are not contemplating a 75 basis-point rate increase at its upcoming meetings. Following that comment, stock and bond prices rallied but the trend reversed on Thursday.

CNBC’s Scott Wapner heard from David Tepper, a billionaire manager of hedge funds that Powell said Friday that Powell’s statements were an “inflict on the integrity and credibility” of his fund.unforced errorThat contributed to volatility in the market.

Although the first quarter earnings season has been slowing, there were several important reports prior to Monday’s open bell. These included Palantir as well as vaccine-makers BioNTech (and Novovax)

You can also read other news about corporate affairs Ford was looking to sell 8 million shares in Rivian Automotive over the weekendAccording to sources, David Faber of CNBC was informed by these people.

Investors also need to be aware of the war in Ukraine. Jill Biden (the first lady) surprised the nation by surprise visiting. In light of the nearing three months mark in the Russian-Ukraine war, the U.S. government and the Group of Seven nations announced an increase in short-term financial support.