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U.S. stock futures steady after tech-led rebound; CPI in focus

Tanveer Malik149012835
Published on 2026-11-10 00:43:00
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U.S. stock futures steady after tech-led rebound; CPI in focus

Investing.com-- U.S. stock futures were little changed on Monday evening after Wall Street closed sharply higher, with technology shares rebounding from last week's steep selloff, as investors awaited a key consumer inflation report due on Tuesday.

S&P 500 Futures inched 0.1% higher to 7581.75 points, while Nasdaq 100 Futures gained 0.2% to 28,060.00 points by 18:58 ET (23:58 GMT). Dow Jones Futures traded 0.1% higher at 52,534.0 points.

In the regular session, the Dow Jones Industrial Average jumped 2.2%, while the S&P 500 climbed 2.4%, marking its strongest daily gain since April 8. The NASDAQ Composite advanced 2.7%.

The rebound followed a bruising week for equities, when concerns over the sustainability of artificial intelligence spending and the potential impact of Democratic victories in the U.S. midterm elections triggered heavy selling in technology and semiconductor shares.

Chipmakers led Monday's recovery, with the Philadelphia Semiconductor Index surging nearly 7%. Advanced Micro Devices (NASDAQ:AMD) jumped over 13%, while Broadcom (NASDAQ:AVGO) gained 8.8%.

However, Nvidia (NASDAQ:NVDA) bucked the broader rally, falling 4.2% to its lowest closing level since April 7, am...

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