US Futures Rise After Long Weekend

US stock futures fell sharply on Tuesday as investors remained risk-averse, extending last week’s selloff fueled by concerns over AI disruption across certain industries. S&P 500 and Nasdaq 100 futures dropped 0.5% and 0.9%, respectively, while Dow futures lost 0.3%. Last week, the Dow fell 1.23%, the S&P 500 declined 1.39%, and the Nasdaq Composite dropped 2.1%. Software names were among the worst performers, as increasingly sophisticated AI tools such as Anthropic PBC’s Claude Cowork intensified fears of structural pressure on traditional software business models. Semiconductor stocks, by contrast, remained relatively resilient, supported by expectations that expanding AI adoption will sustain demand for high-performance computing and advanced chips. Investors are now turning to a fresh round of corporate earnings for directional cues, with results expected from Walmart, Warner Bros. Discovery, Booking Holdings, Deere & Company, and Palo Alto Networks later this week.

US stock futures rose on Tuesday as investors returned from an extended holiday weekend, with Wall Street attempting to stabilize after last week’s broad-based selloff driven by escalating concerns over AI-related disruption across multiple industries. Last week, the Dow fell 1.23%, the S&P 500 declined 1.39%, and the Nasdaq Composite dropped 2.1%. Software names were among the worst performers, as increasingly sophisticated AI tools such as Anthropic PBC’s Claude Cowork heightened fears of structural pressure on traditional software business models. In contrast, semiconductor stocks remained relatively resilient, supported by expectations that broader AI adoption will sustain demand for high-performance computing and advanced chips. Investors are now looking to a fresh round of corporate earnings for direction, with results scheduled from Walmart, Warner Bros. Discovery, Booking Holdings, Deere & Company, and Palo Alto Networks later this week.

US stock futures were little changed on Monday amid subdued volumes, with markets closed for the Presidents’ Day holiday. Activity across Asia was also muted, as Mainland China remains shut for the week-long Lunar New Year break. Wall Street ended last week on a weaker footing. The Dow declined 1.23%, the S&P 500 fell 1.39%, and the Nasdaq Composite dropped 2.1%, pressured by losses in the financial, communication services, consumer discretionary, and technology sectors. Sentiment deteriorated on renewed concerns over elevated AI-related capital expenditure and the risk of structural disruption to select industries. Among megacap technology names, Apple, Amazon, Meta, Alphabet, and Broadcom declined between 2.3% and 8% over the week. Investors now turn to another round of corporate earnings for directional cues on the outlook, with results due from Walmart, Warner Bros. Discovery, Booking Holdings, Deere & Company, and Palo Alto Networks.