Dow jones futures market the Dow Jones futures market found

The Dow Jones futures market found support on the back of weaker dollar trends. A softer dollar improves competitiveness for US exporters, which could translate into better revenue for multinational Dow components. More importantly, the average bear market stuck around for just 286 calendar days, which works out to roughly 9.5 months. Further, none of the 27 bear markets since the Great Depression began endured longer than 630 calendar days. U.S. crude oil prices have fallen nearly 13% this year as OPEC+ members increase production. U.S. crude was trading below $63 per barrel on Tuesday. With crude oil prices stabilizing, the Dow Jones futures market may benefit from improved sentiment in industrial and energy stocks. Analysts project a potential 1.2% gain this week if global demand forecasts strengthen.