U.S. stock futures rose Monday night, ahead of the final trading week of 2022.
Dow Jones Industrial Average futures YM00,
Oil prices rose CL.1,
Last week, the Dow gained nearly 1%, while the S&P 500 and Nasdaq fell for a third straight week.
See more: What to expect for the stock market in 2023 after the biggest decline since the financial crisis
On Friday, the Dow Jones Industrial Average DJIA,
Friday marked the start of the so-called Santa Claus rally period — the final five trading days of the calendar year and the first two trading days of the new year. That stretch has, on average, produced gains for stocks, but failure to do so is often read as a negative indicator.
Read more: How a Santa Claus rally, or lack thereof, sets the stage for the stock market in first quarter