Nasdaq futures gain as investors buy the dip in the AI trade: Live updates
Stock futures advanced following a sharp market downturn that hit major indexes the previous week. Nasdaq-100 futures increased 0.4 percent on Sunday night as traders purchased shares in artificial intelligence-related stocks despite lingering anxieties about the sector. Last week, the S&P 500 dropped nearly 2 percent for its biggest weekly decline since late June, while the Nasdaq fell 4.5 percent and broke a four-week winning streak. Markets prepared for a busy earnings week with upcoming reports from major technology companies, which investors hope will stabilize sentiment after recent volatility.
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- โ Nasdaq-100 futures added 0.4% on Sunday night.
- โ The S&P 500 lost nearly 2% the previous week, marking its biggest weekly decline since late June.
- โ The Nasdaq fell 4.5% and snapped a four-week winning streak during the prior week.
What changed
Nasdaq futures moved higher as traders bought into artificial intelligence stocks following the previous week's sharp rout.
Live updates
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Nasdaq Futures Gain as Investors Buy the Dip in AI Trade
Stock futures advanced following a sharp market downturn that hit major indexes the previous week. Nasdaq-100 futures increased 0.4 percent on Sunday night as traders purchased shares in artificial intelligence-related stocks despite lingering anxieties about the sector. Last week, the S&P 500 dropped nearly 2 percent for its biggest weekly decline since late June, while the Nasdaq fell 4.5 percent and broke a four-week winning streak. Markets prepared for a busy earnings week with upcoming reports from major technology companies, which investors hope will stabilize sentiment after recent volatility.
Why it matters
The recent market turbulence stems from a global technology selloff driven by waning enthusiasm for artificial intelligence stocks and scrutiny over sector spending. Attention has focused on CoreWeave and its debt-fueled data-center model, highlighting broader questions regarding credit and capital expenditures in the technology industry. Upcoming corporate earnings reports are seen as a critical test for whether the technology sector can maintain its momentum.
What is confirmed
- Nasdaq-100 futures added 0.4% on Sunday night.
- The S&P 500 lost nearly 2% the previous week, marking its biggest weekly decline since late June.
- The Nasdaq fell 4.5% and snapped a four-week winning streak during the prior week.
Still unconfirmed
- The market outlook depends on whether financier and energy risks recede and AI capital expenditures stabilize.
What to watch next
- Upcoming earnings reports from Meta and Tesla
- Developments regarding CoreWeave and its debt-fueled data-center model
- Broader energy and geopolitical developments affecting technology stocks
confidence 90%Sources used for this update (20)
- www.investors.com โ Stock Market Today: Stock Market News And Analysis
- CNN โ Global tech selloff deepens as enthusiasm for AI stocks wobbles
- Investor's Business Daily โ Dow Jones Futures Loom After S&P 500, Nasdaq Sell-Off; Will Meta Save AI?
- www.cnbc.com โ Stock market today: Live updates - CNBC
- CNBC โ Nasdaq futures gain as investors buy the dip in the AI trade: Live updates
- Bloomberg.com โ US Stock Futures Rise Ahead of Busy Earnings Week: Markets Wrap
- Barron's โ Stock Futures Rise Ahead of Another Busy Earnings Week
- Yahoo Finance โ Black Monday Fears Fade as Nasdaq Futures Rally After Friday Selloff
- MarketWatch โ Stock Market Today: Dow, S&P 500 and Nasdaq set to bounce back ahead of crucial week of tech earnings
- Financial Times โ US stocks set for rebound after AI sell-off
- WSJ โ Stock Market Today: Stock Futures Rebound After Friday's Tech Selloff โ Live Updates
- Yahoo Finance โ Why Are Nasdaq Futures Soaring Premarket? NBIS, MU, TSLA, SPCX, ASTS, SLS Stocks In Focus
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