U.S. Stock Futures Dip as AI Rally Cools, Government Reopening in Focus
U.S. stock futures edged lower early Tuesday as investors pared gains from Monday's AI-driven surge and awaited clarity on federal funding. Nasdaq 100 (NDX), S&P 500 (SPX), and Dow Jones (DJIA) futures fell 0.28%, 0.18%, and 0.07% respectively by 3:41 a.m. EST.
The previous session saw robust gains across major indices, with the Nasdaq Composite jumping 2.27%—its strongest performance since May—as progress toward ending the government shutdown revived risk appetite. Tech leaders Nvidia (NVDA), Alphabet (GOOGL), and Microsoft (MSFT) led the charge with gains up to 5.8%.
Market sentiment remains tethered to two narratives: the sustainability of the AI trade and fiscal resolution. The Senate's overnight passage of a funding bill through January 2026 could mark the end of the longest federal shutdown in U.S. history.