Stock market update: Futures for the Dow, S&P 500, and Nasdaq climb as Wall Street rebounds from recent AI and tariff-driven sell-off

US Stock Futures Edge Up After Sharp Declines

Late Monday, US stock futures saw modest gains as markets tried to recover from a steep drop that marked the start of the last week in February. The earlier sell-off was fueled by mounting worries over the disruptive potential of artificial intelligence and renewed concerns about tariffs.

• Dow Jones Industrial Average futures increased by approximately 0.1%.
• S&P 500 futures rose 0.2%.
• Nasdaq 100 futures also advanced about 0.2%.

This tentative recovery followed a turbulent trading session, during which investors reacted to fresh anxieties about the rapid evolution of AI and its potential to reshape major sectors of the US economy. Additional pressure came from global political tensions, including President Trump’s proposal to raise worldwide tariffs to 15% and rising friction between the US and Iran.

The Dow Jones Industrial Average led the downturn, dragged lower in part by a significant 13% drop in IBM shares. Both the Nasdaq Composite and S&P 500 lost more than 1%, pushing the S&P 500 back into negative territory for the year.

Focus Shifts to AI Developments

Looking forward, market participants are closely monitoring advancements in artificial intelligence. On Tuesday, AI startup Anthropic will hold a major event to showcase new products and features. The company’s recent rollout of industry-specific AI solutions has already triggered sell-offs in affected sectors, and further volatility is expected, particularly among cybersecurity and software companies.

Upcoming Economic Data and Earnings Reports

Investors will also be watching for the latest consumer confidence figures on Tuesday, along with quarterly results from Home Depot. On Wednesday, attention will turn to earnings from Nvidia, Salesforce, and Snowflake.