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Jan. 23, 2022, 8:51 p.m. EST

Stock futures rise Sunday after Wall Street’s worst week since 2020

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By Mike Murphy

U.S. stock-index futures made solid gains Sunday, following the worst week on Wall Street since March 2020.

Dow Jones Industrial Average futures /zigman2/quotes/210407078/delayed YM00 -0.30% rose about 200 points Sunday evening, while S&P 500 futures /zigman2/quotes/209948968/delayed ES00 -0.65% and Nasdaq-100 futures /zigman2/quotes/210219788/delayed NQ00 -1.24% each advanced nearly 1%.

On Friday, The S&P 500 /zigman2/quotes/210599714/realtime SPX +1.86%  lost 84.79 points, or 1.9%, to close at 4,397.94, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.98%  shed 450.02 points, or 1.3%, to 34,265.37, and the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP +1.59%  gave up 385.10 points, or 2.7%, breaking the 14,000 level to close at 13,768.92.

For the week, the Nasdaq slumped 7.6%, its worst performance since the week ending March 20, 2020. The S&P 500 fell 5.7%, also for its steepest such fall since March 2020, and the Dow dropped 4.6%, its worst since Oct. 30, 2020.

The upcoming week will see a number of quarterly earnings reports from big-name companies, including IBM /zigman2/quotes/203856914/composite IBM +2.09% , Microsoft /zigman2/quotes/207732364/composite MSFT +3.20% , Tesla /zigman2/quotes/203558040/composite TSLA +1.66% and Apple /zigman2/quotes/202934861/composite AAPL +4.01% . The Federal Reserve will also meet Tuesday and Wednesday , where policy makers are expected to lay the groundwork for raising interest rates, likely in March.

/zigman2/quotes/210407078/delayed
US : U.S.: CBOT
$ 31,742.00
-97.00 -0.30%
Volume: 4,773
May 23, 2022 6:05p
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/zigman2/quotes/209948968/delayed
US : U.S.: CME
$ 3,945.75
-26.00 -0.65%
Volume: 23,535
May 23, 2022 6:05p
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/zigman2/quotes/210219788/delayed
US : U.S.: CME
$ 11,886.50
-148.75 -1.24%
Volume: 16,084
May 23, 2022 6:05p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,973.75
+72.39 +1.86%
Volume: 2.39B
May 23, 2022 5:43p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,880.24
+618.34 +1.98%
Volume: 405.83M
May 23, 2022 5:43p
loading...
/zigman2/quotes/210598365/realtime
US : Nasdaq
11,535.27
+180.66 +1.59%
Volume: 3.91M
May 23, 2022 5:16p
loading...
/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 131.17
+2.69 +2.09%
Volume: 3.59M
May 23, 2022 4:00p
P/E Ratio
21.53
Dividend Yield
5.03%
Market Cap
$115.56 billion
Rev. per Employee
$218,641
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 260.65
+8.09 +3.20%
Volume: 33.14M
May 23, 2022 4:00p
P/E Ratio
27.19
Dividend Yield
0.95%
Market Cap
$1888.90 billion
Rev. per Employee
$1.06M
loading...
/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 674.90
+11.00 +1.66%
Volume: 29.54M
May 23, 2022 4:00p
P/E Ratio
91.58
Dividend Yield
N/A
Market Cap
$687.81 billion
Rev. per Employee
$626,347
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 143.11
+5.52 +4.01%
Volume: 117.59M
May 23, 2022 4:00p
P/E Ratio
23.26
Dividend Yield
0.64%
Market Cap
$2226.92 billion
Rev. per Employee
$2.51M
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