Dow Jones Industrial Average futures rose 84 points, or 0.2%, to 42778. S&P 500 futures gained 16 points, or 0.3%, to 5933. Nasdaq-100 futures increased 81 points, or 0.4%, to 21249.

Indexes failed to hold onto early gains, with investors extending their losing streak to five days. Hope is fading for a Santa Claus rally to take shape.

At the closing bell on Friday, the blue chip Dow Jones Industrial Average was up 0.8% to 42,732, the broader S&P 500 added 1.3% to 5,942 and the tech-heavy Nasdaq Composite rose 1.8% to 19,621.

Every year, investors look forward to the “Santa Claus rally,” a period that encompasses the final five trading days of December and the first two trading days of the new year. Since 1950, the S&P 500 has gained, on average, 1.3% during this stretch, while finishing higher nearly 80% of the time, according to Dow Jones Market Data.

Indexes rose Thursday to kick off the New Year after four straight days of losses. Tesla stock dropped more than 8% publishing delivery figures.

U.S. stock indexes are starting 2025 with gains, putting Wall Street on track to break a four-day losing streak that dimmed the end of its stellar 2024. The S&P 500 rose 0.6% at the open of trading Thursday following its longest losing streak since early September.

U.S. stock indexes closed an erratic day of trading with more modest losses. The S&P 500 fell 0.2% Thursday to extend the four-day losing streak that dimmed the close of