U.S. stock index futures rose on Monday as investors hunted for bargains after last week’s selloff, with Dow futures up 1.06%, S&P 500 futures up 0.66% and Nasdaq 100 futures up 0.42%. Nvidia fell 4.8% premarket as questions about a reported foreign intelligence effort targeting CEO Jensen Huang weighed on the chipmaker.
U.S. stock index futures attempted to recover on Monday after equities slid last week. The gains came as investors awaited more clarity on the controversy surrounding Nvidia CEO Jensen Huang, while analysts said concerns remained over the AI boom and the possibility of a December rate hike.
Nvidia shares fell 4.8% premarket after an internal investigation into whether Huang had been targeted by a foreign intelligence effort raised questions about his future at the company. Intel, Marvell Technology and Qualcomm fell between 0.5% and 1%; the Philadelphia Semiconductor Index ended Friday with its biggest weekly loss since March 2025.
At 6:39 a.m. ET, Dow E-minis were up 545 points, or 1.06%, S&P 500 E-minis rose 49 points, or 0.66%, and Nasdaq 100 E-minis gained 112.5 points, or 0.42%. Microsoft, Alphabet and Meta rose between 1.5% and 1.8%. KKR, up 3.7% premarket, and Constellation Energy, flat, were due to report results before the market opened.
