Overnight trading on Sunday saw stock futures rise following a decline in the Dow Jones Industrial Average for the 8th consecutive week. This was amid an overall market selloff.

The Dow industrial average futures gained 170 points or 0.57%. S&P 500 futures added 0.7% and Nasdaq 100 futures rose 0.7%.

They came after the S&P 500 on Friday dipped into bear market territoryOn an intraday basis. The benchmark fell 20% in one day, but it didn’t close in a bearish market following a late-day rebound.

Friday’s trading session is a regular one. S&P 500 closed 0.01% higher at 3,901.36 after falling as much as 2.3% earlier in the session. Following a session that saw a drop of 2.3%, the closing price was 0.01% higher at 3,901.36. Dow added 8.77 points at 31,261.90 after sinking as much as 600 points and the Nasdaq inched 0.3% lower.

The S&P 500 currently sits 19% off its record high while the Dow is down 15.4%. Nasdaq, which is currently in bear market territory after falling 30% from its highest point, has already fallen into bear markets.

Last week marked the Dow’s first eight-week losing streak since 1923, while the S&P 500 capped a seven-week losing streak, its worst since 2001.

Nasdaq recorded its first negative week since March 2001. On Friday, the tech-heavy index saw its lowest intraday levels since November 2020.

The week ended in red for eight of the 11 sector sectors. Consumer staples led the way with a drop of 8.63%. This was the worst weekly performance since March 2020. The week ended with Energy at the top of the list, up 1.09%. Communication services and consumer discretionary also saw a week that was 32% higher than their 52-week peak.

Susan Schmidt from Aviva Investors stated that “investors try to grasp what’s happening, and always attempt to guess the outcome.” Investors loathe uncertainty and markets dislike it. This is because they have no clear idea of what will happen to the push-pull between inflation, the economy, or the market.

Investors anticipate a positive future. new batch of earnings this week, including an array of big retail names. Zoom Video reports Monday’s results, with Costco (Nvidia), Dollar General and Nordstrom following later in this week.