Stock futures gain as Wall Street looks to snap 8-week losing streak

Last week, the three major indexes declined for the eighth straight week, the longest such streak since April 1932, according to Dow Jones Market Data.

Read: Buy the dip or sell the ‘rip’?: What’s ahead for stock investors as ‘sticky’ inflation fears heighten consumer concern

On Friday, the Dow
DJIA,
+0.03%
edged up 8.77 points, or less than 0.1%, to close at 31,261.90, while the S&P 500
SPX,
+0.01%
 added less than 1 point to finish nearly flat at 3,901.36, after earlier trading in bear-market territory. The Nasdaq Composite
COMP,
-0.30%
 fell 33.88 points, or 0.3%, to end at 11,354.62, its lowest close since Nov. 3, 2020.

For the week, the Dow fell 2.9%, the S&P 500 dropped 3.1% and the Nasdaq slid 3.8%.

Investors are looking ahead to a number of major earnings reports this week, including Zoom Video Communications Inc.
ZM,
-1.32%,
Nvidia Corp.
NVDA,
-2.51%,
Costco Wholesale Corp.
COST,
-1.54%
and Macy’s Inc.
M,
-6.20%.