US stock futures rebound after chip rout

· Economy · United States

US equity-index futures rebounded from last week's chip rout as investors turned to earnings for direction amid mounting pressure on the artificial intelligence trade, Bloomberg reported. The S&P 500 lost nearly 2 percent last week, its biggest weekly decline since late June, while the Nasdaq fell 4.5 percent, snapping a four-week winning streak. Accelerating US inflation and tremors across the AI sector have jolted stocks, and some investors are betting that bigger swings in tech shares will finally spread to the broader market, positioning for a VIX surge.

Why it matters：The AI trade is the main engine of global equities, so its wobble matters for pension funds, currencies and risk appetite worldwide.

Key points

  • S&P 500 fell nearly 2% last week; Nasdaq dropped 4.5%.
  • Futures rebounded as investors looked to earnings.
  • Some traders are positioning for a VIX surge.

Sources (original reporting)

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