Dow Jones Industrial Average futures fell 67 points, or 0.2%. S&P 500 futures fell about 0.2 percent and Nasdaq 100 futures fell 0.3 percent. On Friday, all the major indexes gained, posting winning weeks and closing out the best month of the year so far and then some. The Dow gained 6.7% in July, while the S&P 500 rose 9.1%. The Nasdaq Composite rose 12.4% as investors rushed into the tech stocks that have posted the biggest gains during this bear market. For each index, July’s performance was the best since 2020. “We’re seeing a relief rally in the stock market as pessimism has reached extreme levels and as long-term interest rates come down,” said Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance. “We think the rally will last until later in the summer, but as stock prices recover and it becomes increasingly clear that we are headed for a more typical recession (ie one with higher unemployment and nominal GDP near zero or negative) , markets will again have a sell-off,” he added. “But until then, enjoy the rally as it’s likely to catch a lot of people off guard.” This week, investors have more economic data and corporate earnings to digest. On Monday, companies including Activision Blizzard, Devon Energy, Loews and others report earnings. Later in the week Uber, Caterpillar, Starbucks, Eli Lilly, Amgen and others also have reports scheduled. Additionally, Friday’s nonfarm payrolls report from the Bureau of Labor Statistics will provide more insight into the strong labor market. So far this year, steady job growth has prompted economists to say the U.S. is not currently in a recession, even with two straight quarters of negative GDP.