US stock futures were little changed on Tuesday as investors awaited the October Consumer Price Index report, with both headline and core inflation expected to cool amid stabilizing energy prices. Market participants are also watching neocloud provider CoreWeave’s earnings for additional insight into the artificial intelligence sector.
In Monday’s regular session, the Dow gained 2.15%, the S&P 500 rose 2.35%, and the Nasdaq Composite advanced 2.74%. Semiconductor stocks rebounded after last week’s sharp selloff, which followed Democrats’ consolidation of control in Congress and renewed concerns about stricter AI oversight and a potential deceleration in data center expansion.
Meanwhile, Nvidia shares fell more than 4% after CEO Jensen Huang acknowledged an alleged affair with a suspected Chinese intelligence operative, adding to worries that Congress may move to impose tougher export restrictions on the company’s chips.
