Futures of U.S. stocks rose Sunday at the end, after the worst week on Wall Street since October.
After initially falling more than 300 points, Dow Jones Industrial Average futures YM00,
increased by around 100 points, or 0.3%, while the future S&P 500 ES00,
and futures NQ00 of Nasdaq-100,
both were also positive.
Shares fell on Friday, with the three most important indices registering the worst week and, in general, since October, as a volatile operation in a number of companies with a strong deficit such as GameStop GME,
and AMC Entertainment AMC,
provoked the worries of a bubble.
Read: What does the January market crash mean for stock returns in 2021
“The frenzy will soon come to an end,” Stephen Innes, Axi’s chief market strategist, wrote on Sunday. “But I don’t think we have generated a new generation of super traders; Because we all know that this will end in tears for the greedy. ”
“I warn here that it is imperative to stay agile as risk markets could turn around at most this week,” he added.
Last week, the Dow DJIA,
closed 3.2% lower, the S&P 500 SPX,
fell 3.3% and the Nasdaq Composite COMP,
was 3.5% off. Monthly, the Dow lost 2%, the S&P 500 fell 1.1% and the Nasdaq Composite gained 1.7%.