{"id":177323,"date":"2025-09-29T10:42:07","date_gmt":"2025-09-29T10:42:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/177323\/"},"modified":"2025-09-29T10:42:07","modified_gmt":"2025-09-29T10:42:07","slug":"u-s-futures-rise-after-indexes-slide-on-ai-bubble-fears","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/177323\/","title":{"rendered":"U.S. Futures Rise After Indexes Slide on AI Bubble Fears"},"content":{"rendered":"

U.S. stock futures were edging higher ahead of Monday\u2019s session after the three major indexes closed last week lower amid rising concerns about a potential AI<\/a> bubble. Futures on the\u00a0Nasdaq 100<\/a>\u00a0(NDX<\/a>), the\u00a0Dow Jones Industrial Average<\/a>\u00a0(DJIA<\/a>), and the S&P 500\u00a0Index (SPX<\/a>)\u00a0were up 0.39%, 0.27%, and 0.31%, respectively, at 12:24 a.m. EDT on September 29.<\/p>\n

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Major technology and AI stocks fell last week after Federal Reserve Chair Jerome Powell warned about stretched equity valuations<\/a>, sparking global concerns. Wall Street also remains wary of the \u201ccircular nature\u201d<\/a> of certain AI-related deals, such as Nvidia\u2019s (NVDA)<\/a> $100 billion partnership with OpenAI.<\/p>\n

Despite these worries, U.S. indexes ended higher on Friday<\/a> after August\u2019s\u00a0Personal Consumption Expenditures\u00a0<\/a>(PCE<\/a>) came in line with expectations, rising 0.3% month-over-month and 2.7% year-over-year. Moreover, the\u00a0Bureau of Economic Analysis<\/a>\u00a0announced that\u00a0consumer spending<\/a>\u00a0ticked higher by 0.6% month-over-month in August, ahead of the estimate for a 0.5% rise.<\/p>\n

Meanwhile, for the week, all three major indexes finished lower. The S&P 500 slipped 0.3% last week, marking its steepest decline since August 1 and leaving it 0.8% below its record high. The Nasdaq fell 0.7%, its sharpest drop since early August, while the Dow dipped 0.2%, snapping a three-week winning streak.<\/p>\n

Looking ahead, investor focus will shift to the release of\u00a0September\u2019s non-farm payrolls<\/a> and unemployment rate<\/a> reports, due on Friday. Both reports represent the number of new jobs created during the previous month, along with the percentage of people actively seeking employment.<\/p>\n

With second-quarter\u00a0earnings<\/a>\u00a0season largely over, several notable companies are still set to report this week. The companies in focus are\u00a0Jefferies (JEF)<\/a>, Carnival (CCL)<\/a>, Nike (NKE)<\/a>, and Conagra Brands (CAG)<\/a>.<\/p>\n

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Disclaimer & Disclosure<\/a>Report an Issue<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"U.S. stock futures were edging higher ahead of Monday\u2019s session after the three major indexes closed last week…\n","protected":false},"author":2,"featured_media":177324,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":{"0":"post-177323","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/177323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=177323"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/177323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/177324"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=177323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=177323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=177323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}