Nasdaq futures led a broad Sunday-night decline, with Dow Jones and S&P 500 futures also falling as investors reacted to calls from AI leaders to slow model development.
AI stocks moved into focus because any push to curb development could hit one of the market’s strongest growth themes and pressure tech-heavy indexes most directly.
Crude oil prices, Treasury yields and this week’s Federal Reserve meeting added to the cautious tone after a volatile week for stocks.
Friday’s rebound in names including Apple, Moderna and NetApp followed a broader weekly market drop, leaving futures weakness as the next test for risk appetite.