U.S. stock futures fell slightly on Friday as investors sought to gain further ground following this week’s sell-off.

S&P 500 futures fell by 0.3%, while Nasdaq-100 futures fell 0.5%. Futures linked to the Dow Jones Industrial Average fell by 80 points or 0.2%.

Outstanding Global rose more than 6% after the company reported adjusted profit that beat estimates and said it would cut 15% of its U.S. workforce. Fairy Beauty fell by about 9% after the publication of cautious forecasts.

Stocks rebounded in regular trading on Thursday after falling sharply earlier in the week, as the latest weekly unemployment figures helped ease investor concerns about the strength of the labor market and the state of the U.S. economy.

The S&P 500 rose 2.3% through Thursday, its best session since November 2022, while the 30 stocks Dow rose by around 683 points or almost 1.8 percent. The technology-heavy Nasdaq Composite rose by 2.87 percent.

Investors are trying to revive the market’s momentum this year after a sharp global sell-off on Monday, sparked by disappointing U.S. jobs data last Friday, concerns about the timing of the Federal Reserve’s interest rate cut and the unwinding of the Japanese yen carry trade.

Investors seem to have bought the dip, viewing the decline as a fairly healthy correction.

“The fundamental backdrop remains favorable for equity upside, particularly for investors with investment horizons through year-end and beyond,” said Terry Sandven, chief equity strategist at US Bank Wealth Management. “In the near term, elevated levels of volatility are likely to be the rule rather than the exception, as broader market valuations remain elevated and seasonality trends suggest subdued returns during the ‘dog days of summer.'”

Although the major indexes rose sharply on Thursday, they remain down on a weekly basis. The S&P 500 lost 0.5 percent this week, while the Nasdaq and Dow fell by about 0.7 percent. Both the broad-based S&P 500 and the Nasdaq are on track for their fourth week of losses.