Stock futures rose in overnight trading Sunday after the market suffered a down week as 2024's rally took a breather.
The 30-stock Dow fell 2.3% last week, posting its worst weekly performance March 2023. The S&P 500 declined nearly 1% during the period, its biggest weekly loss since early January. The tech-heavy Nasdaq Composite dipped 0.8%, suffering its fourth negative week in five.Friday. The surprising gain in payrolls gave investors hope that a strong economy could continue to support corporate earnings growth, even if it means higher interest rates for longer.
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