SignalTech/AI
US STOCK FUTURES RISE AFTER LAST WEEK AI SELLOFF ; OIL SLIPS FROM HIGHS
US stock futures rise after last week's AI selloff while oil slips from highs.
Context
What happened: US equity futures rebounded Sunday night into early Monday after Friday's selloff in AI and semiconductor stocks. Oil slipped from recent highs.
Key numbers: Nasdaq 100 futures gained about 0.4 to 0.6 percent. S&P 500 futures rose about 0.2 to 0.4 percent.
Why it matters: The Nasdaq posted its worst week since June, and a closely watched chip gauge had its longest losing streak since 2008. Investors are watching a busy earnings week that includes Tesla and Meta, while oil held near multi month highs on Ukraine's drone strikes on Russian facilities and Middle East risks.
Coverage: 3 outlets in 24h
What changed
US equity futures rebounded Sunday night into early Monday after Friday's selloff in AI and semiconductor stocks. Oil slipped from recent highs.
Why it matters
The Nasdaq posted its worst week since June, and a closely watched chip gauge had its longest losing streak since 2008. Investors are watching a busy earnings week that includes Tesla and Meta, while oil held near multi month highs on Ukraine's drone strikes on Russian facilities and Middle East risks.