US stock index futures rose on Monday, November 9, as investors sought to recover from the previous week’s losses, although a sharp decline in Nvidia shares continued to weigh on the technology sector.
Futures linked to the Dow Jones Industrial Average gained approximately 0.7% in early trading, while S&P 500 futures advanced 0.4%. Nasdaq 100 futures rose 0.2%, reflecting a more limited recovery among technology stocks.
The gains followed a volatile week for US equities, when concerns about artificial intelligence investment, semiconductor valuations and potential regulatory changes contributed to a broad market selloff.
Nvidia Shares Fall Amid Leadership Investigation
Nvidia shares declined approximately 4.5% in premarket trading following reports that the company’s board had launched an independent investigation into allegations that CEO Jensen Huang was targeted by a foreign intelligence operation.
The investigation has raised questions about corporate governance and potential national security implications, although Nvidia has stated that it has no reason to believe confidential company information or national security was compromised.
The decline contrasted with a broader recovery in US equity futures, limiting gains in the technology-heavy Nasdaq.
AI Investment and Semiconductor Stocks Remain in Focus
Investors continued to assess the sustainability of spending on artificial intelligence infrastructure following recent declines in semiconductor and cloud computing shares.
The Philadelphia Semiconductor Index recorded its largest weekly loss since March 2025 on Friday, reflecting pressure across companies exposed to AI investment.
Concerns about potential regulatory changes following the Democratic Party’s midterm election victories have added uncertainty over the pace of data center development and technology investment.
Meanwhile, investors are monitoring upcoming corporate earnings from companies involved in semiconductor equipment, cloud computing and AI infrastructure.
Inflation Data and Federal Reserve Outlook
Beyond technology stocks, attention is turning to US inflation figures scheduled for release this week.
Stronger-than-expected employment data have reinforced concerns that the Federal Reserve could maintain restrictive monetary policy or consider additional interest rate increases.
The latest futures movements indicate a partial recovery from last week’s equity losses, with technology shares continuing to underperform the broader market in early trading.
