Stock futures rise slightly as investors eye AI trade, brace for more data and earnings: Live updates

Stock futures rise slightly as investors eye AI trade, brace for more data and earnings: Live updates

Traders work at the New York Stock Exchange on Sept. 30, 2026. NYSEStock futures were slightly higher Sunday evening with traders eyeing whether technology shares can continue to recover, while they are awaiting the release of key inflation data and earnings from major AI companies this week.Futures tied to the Dow Jones Industrial Average added 101 points, or 0.2%. S&P 500 futures gained 0.1% and Nasdaq 100 futures added 0.3%.Friday's market partially rebounded from Thursday's brutal AI-driven selloff, as chip stocks recovered on renewed buying. The tech-heavy Nasdaq Composite bounced 1.09% to 24,579.42 and the broad-market S&P 500 rose 0.31% to 7,376.86. The blue-chip Dow, however, lost 237.33 points, or 0.46%, to settle at 51,285.73.Broader investor sentiment remained cautious following a batch of stronger-than-expected jobs data. Additionally, concerns linger after the Democrats' strong midterm results, amid fears that tighter regulations on data center construction, energy use, and development costs could slow the AI infrastructure boom.The tech sector will also be focused on the bombshell announcement Sunday that Nvidia's board of directors is opening an investigation into co-founder and CEO Jensen Huang's relationship with a businesswoman who U.S. intelligence agencies say is a Chinese spy. A proxy for Nvidia shares was lower by 2% over the last 24 hours in trading on Hyperliquid.Liz Ann Sonders, Schwab Center for Financial Research chief investment strategist, noted that the Nasdaq and Nasdaq-100 are oversold, with heavy de-risking by traders. Thursday marked the biggest day of retail selling since the Covid pandemic, according to Vanda Research. Retail traders haven't been taking advantage of the selloff, Sonders said."Retail has not proven to be the dip buyers that they have been in the past," she told CNBC's "Fast Money" on Friday. "You saw a really heavy amount of net selling … we may not fully be washed out yet, but we'll have to see whether that retail trader at some point decides to step back in."Sonders suggested that the next short-term focus should be on companies' adjustments to capex plans and expectations for future profit margins.This week, investors are looking ahead to key AI-related earnings — CoreWeave, Cisco and Applied Materials are all on deck — as they assess the outlook for tech and whether the recent selloff has further to run. They'll also watch for the releases of both the consumer price index on Tuesday and the producer price index on Friday, looking for clues on the Fed's next move.On Monday, traders will get September wholesale inventories data at 10 a.m. ET. Take-Two Interactive Software, Occidental Petroleum, KKR, Constellation Energy and Skydance are scheduled to report quarterly earnings.Asia markets set for rebound after tech sell-off last weekAsia-Pacific markets look stronger to start the week after last week's tech sell-off. Futures for Japan's Nikkei 225 in Chicago were at 58,520, while in Osaka they were last at 58,250 compared with the index's previous close of 57,434.77.Futures for Hong Kong's Hang Seng index last traded at 24,647, compared with the index's last close of 24,481.86.Australia's S&P/ASX 200 was down up 0.2% in early trading.Later Monday, investors will also look to inflation data out of China, with economists polled by Reuters expecting a reading of 0.8%, down slightly from September's 0.9%. — Lim Hui JieNvidia investigates CEO Jensen Huang’s relationship with alleged Chinese spyNvidia has opened an investigation into co-founder and CEO Jensen Huang's relationship with a businesswoman who intelligence agencies say is a Chinese spy.Huang told Nvidia staff in an email on Sunday that he had an affair with the woman and that Nvidia's board of directors had opened an independent investigation into the spying allegations.An Nvidia spokesperson said that Huang was committed to continuing as CEO of Nvidia without interruption.Read Huang's email to Nvidia employees and the company board of directors' statement here.— Kif Leswing, Kamaron McNairStock futures open lowerStock futures fell to begin trading Sunday night.Futures tied to the Dow Jones Industrial Average fell 93 points, or 0.2%. S&P 500 futures slid 0.4% and Nasdaq 100 futures tumbled 0.8%.— Tanaya Macheel

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