From CNBC · Fred Imbert · · 1m 20s
Nasdaq futures gain as investors buy the dip in the AI trade
Investors buy the dip in AI stocks as Nasdaq futures rise 0.4% after last week's AI slump.
In brief
Investors buy the dip in AI stocks as Nasdaq futures rise 0.4% after last week's AI slump. Nasdaq-100 futures rose 0.4% on Sunday as traders cautiously bought the dip following last week's AI-related market slump. Originally reported by CNBC.
Stock futures rebound
Nasdaq-100 futures added 0.4% as traders cautiously dipped a toe back after last week's AI rout.
Dow and S&P futures rise
Dow Jones Industrial Average futures ticked 0.2% higher, or 110 points, while S&P 500 futures gained 0.2%.
Oil prices stable early
Stable oil prices early Sunday lent the equity market some support as traders watched for energy disruptions.
Asian markets fall
Japan's Nikkei 225 lost 1.65%, while the Topix was down 1.12% as South Korea's Kospi dropped 1.29%.
S&P 500 and Nasdaq slump
The S&P 500 lost nearly 2% last week, its biggest weekly decline since late June, while Nasdaq tumbled 4.5%.
Anthropic revenue report
Anthropic's third-quarter revenue totaled $16.8 billion, up from $11.6 billion in the second quarter.
CoreWeave stock drops
CoreWeave plummeted 25% last week, its largest one-week drop since November 2025, as investors shun the ai-linked name.
Credit market concerns
Goldman Sachs traders noted ai credit spreads are at the widest levels of the year, with equities 15% lower than last time.
The headline
Nasdaq-100 futures rose 0.4% on Sunday as traders cautiously bought the dip following last week's AI-related market slump.
