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ReutersUS stock futures declined modestly Monday evening US stock futures declined modestly Monday evening following a day marked by mixed market signals where enthusiasm for artificial intelligence (AI) stocks buoyed broader indices, while uncertainties persisted around earnings and economic data releases.Dow Jones Industrial Average futures slipped approximately 0.2%, S&P 500 futures fell 0.2%, and Nasdaq 100 futures declined 0.4%, reflecting cautious investor sentiment ahead of a key earnings week and ongoing macroeconomic developments.The tech sector, heavily invested in AI, continued to be a market driver. Notably, Amazon reached a record closing high after announcing a new collaboration with OpenAI, contributing to a near 0.5% gain in the Nasdaq Composite. The S&P 500 climbed about 0.2% in the regular session, while the Dow Jones Industrial Average declined roughly 0.5%.Despite the positive momentum driven by tech giants and AI-focused companies, investor attention remained divided. Over 300 stocks in the broad market closed lower, highlighting concerns about weak market breadth and the concentration of gains among a few large-cap technology firms. Palantir, a significant beneficiary of the AI boom, experienced a greater than 4% decline in after-hours trading, despite beating earnings forecasts, as some analysts suggested overvaluation risks.Live EventsThe ongoing earnings season added further complexity to market dynamics. More than 300 companies in the S&P 500 have already reported third-quarter results, with another 100-plus earnings announcements expected this week, including from firms such as AMD, Uber, Spotify, and SuperMicro. Strong earnings beats from major firms like Amazon, Nvidia, and Caterpillar have supported the market's recent gains, with Nvidia achieving a historic $5 trillion market valuation, underscoring the AI-driven rally.In global markets, Asian stocks displayed mixed reactions while European futures pointed towards a modest positive open. Commodity markets like Brent crude oil traded around $64-65 per barrel amidst concerns over supply and geopolitical factors.Year-to-date, the market remains strong with gains fueled primarily by the technology sector and AI investments. October 2025 was a particularly productive month with the S&P 500 up 2.3%, the Dow rising 2.5%, and Nasdaq surging 4.7%.This nuanced market environment juxtaposes optimism about AI and strong earnings against caution from a narrow rally concentrated in mega-cap tech stocks and delayed economic indicators. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onAmazonbrentnasdaqDow Jones Industrial AverageNvidiaartificial intelligenceOpenAIPalantir (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onAmazonbrentnasdaqDow Jones Industrial AverageNvidiaartificial intelligenceOpenAIPalantir(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless Explore More Stories123
