Traders work on the floor of the New York Stock Exchange during the morning trading on February 19, 2025.
Michael San Diego | Getty Images News | Getty Images
S&P 500 Futures Monday night was relatively unchanged, the third session of the Reds after wide market indexes failed to recover from last week’s sell-off.
Futures related to the S&P 500 Index Nasdaq 100 Futuresabout 0.1% higher. Futures related to the Dow Jones Industrial Average Rose 48 points, or 0.1%.
Stocks of major tech companies dragged on Monday in regular trading S&P 500 and Nasdaq Composite Materials Conference losses. Defense Technology and Artificial Intelligence Games Palantir Last week’s extended decline Falling more than 10%although Microsoft Lossed 1% TD Cowen Report Said the company is cutting spending on data centers. Nvidia After the bell, it is 3% worse than the quarterly performance that expired Wednesday.
Monday’s decline in the technology name also included Nasdaq Comprehensive to date in the negative territory.
“Investors in the market are more broadly, they almost want to believe that the AI transaction is over. They are looking for evidence (and) reasons for doubt,” Doug Clinton, managing partner at Deepwater Asset Management, said on CNBC. “Close the clock“Monday.” From our perspective, AI transactions are still real. I don’t think this boom is over yet. I still think we have two to four years left. ”
Along with NVIDIA’s revenue this week, Wall Street is also looking for other key results, including Home Depot Released before Tuesday’s opening clock.
On the economic side, investors are also turning their attention to the latest U.S. consumer confidence data at 10:00 a.m. ET on Tuesday. Economists surveyed by Dow Jones expect the conference committee’s consumer confidence index will show a February reading of 102.3, less than the 104.1 reading last month.
The report comes ahead of the release of many other economic data released later this week, including the January personal consumption expenditure price index index last Friday. PCE is the Fed’s preferred inflation table.
