Stock market today: Dow, S&P 500, Nasdaq futures slip with AI trade in focus

US stock futures edged down on the heels of a record-setting day on Wall Street.

Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.1% while contracts on the S&P 500 (ES=F), and the Nasdaq 100 (NQ=F) fell 0.1% and 0.6% respectively.

Stocks jumped during the day on Monday, with a rally in tech lifting the Dow (^DJI) to a new record high. The broad market advance pointed to renewed faith in the AI trade following June’s chip stock sell-off.

On Tuesday, investors will be watching earnings from Samsung Electronics (005930.KS) for another pulse check on the chip trade. Penguin Solutions (PENG) will also report its results.