Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., Sept. 8, 2026. Brendan McDermid | ReutersU.S. equity futures traded near the flatline on Monday night following a rally driven by stocks tied to artificial intelligence.S&P 500 futures added 0.02%, while Nasdaq-100 futures gained 0.2%. Futures tied to the Dow Jones Industrial Average inched up 4 points, or 0.01%.In Asia, Hong Kong's Hang Seng index futures were at 25,118, compared with the index's last close of 25,042.71. Futures for Australia's S&P/ASX 200 last traded at 8,809, while the index closed at 8,731.90. Japan's markets are closed for a public holiday on Tuesday. The action came after a jump in AI-related names lifted the major averages. The S&P 500 climbed 1.5% to post its best day since Aug. 4, while the Nasdaq Composite jumped 2.3% for its first closing record since June. The Dow Industrials rose 366 points, or 0.7%.Tech heavy hitters carried the rally, with Meta Platforms surging more than 11%. Chipmakers Intel and Advanced Micro Devices surged 12% and roughly 10%, with AMD touching a $1 trillion market cap. Nvidia gained 2%, and fiber optic giant Corning advanced almost 6%.A decline in oil prices fueled the stock market's gains, with West Texas Intermediate crude futures dropping 4.5% to $95.78 a barrel, while international Brent settled more than 3% lower at $100.34 per barrel.Treasury yields also pulled back, with the 10-year Treasury note yield sliding more than 4 basis points to 4.951%. Even prior to the Federal Reserve's move to hike its key interest rate by a quarter point last week, Treasury yields have been trending higher as the economy contends with rising debt, elevated oil prices and stubborn inflation.Traders' attention will turn to this week's summit in Washington, DC between President Donald Trump and Chinese leader Xi Jinping. Artificial intelligence, the Iran war, tariffs and rare earth metals are expected to be among the key topics covered in the meeting. Treasury Secretary Scott Bessent convened with Chinese Vice Premier He Lifeng prior to Xi's visit to the U.S.Heading into Tuesday, traders will watch for the Richmond Federal Reserve's manufacturing survey, as well as speeches from New York Fed President John Williams and Richmond Fed President Tom Barkin. On the earnings front, AutoZone is slated to report in the morning, followed by KB Home after the close.Asia-Pacific markets set to open higher, tracking Wall Street gains Asia-Pacific markets were set to open higher Tuesday, tracking U.S. markets' gains that were buoyed by artificial intelligence-related stocks. Hong Kong's Hang Seng index futures were at 25,118, compared with the index's last close of 25,042.71.Futures for Australia's S&P/ASX 200 last traded at 8,809, while the index closed at 8,731.90.Japan's markets are closed for a public holiday on Tuesday. Oil prices fell Monday after President Donald Trump reportedly decided against bombing Yemen for now, and had also indicated he was open to diplomacy with Iran. Meanwhile, traders are also keeping watch for developments relating to President Trump and Chinese leader Xi Jinping's meeting later this week in Washington, where they are expected to discuss ways to strengthen their fragile trade truce. —Justina Lee A worrisome development emerges beneath Monday's rallyA surge in tech giants lifted the S&P 500 1.5% in Monday's regular trading, but a closer look at the index reveals some troubling developments.More stocks within the broad market index tumbled to fresh 52-week lows on Monday than rose to 52-week highs. This happened even as the S&P 500 sits less than 1% away from its all-time high.The last time the index gained 1% to land within 1% of a fresh 52-week high with new lows outnumbering new highs was in December 1999, according to Jason Goepfert, founder of SentimenTrader.Read more from CNBC's Sean Conlon on what's worrying traders even as the market surges.--Darla MercadoStock futures open flat on Monday eveningU.S. equity futures were little changed as trading opened at 6 p.m. in New York.Futures linked to the S&P 500 inched down 0.05%, while Dow futures slipped 13 points, or 0.02%. Nasdaq-100 futures advanced 0.02%.--Darla Mercado
Stock futures are little changed after S&P 500 posts best day since early August: Live updates
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