US stock futures edge higher ahead of CPI and AI earnings

US stock futures edged higher on Sunday evening as investors prepared for a week dominated by October inflation data and earnings from companies linked to artificial intelligence, after one of the most volatile weeks of the year on Wall Street.
Futures tied to the Dow Jones Industrial Average rose 101 points, or 0.2 percent, while S&P 500 futures gained 0.1 percent and Nasdaq 100 futures added 0.3 percent, according to CNBC. The moves came after futures wobbled early in the evening session before steadying, with Barron's reporting that all three benchmarks were modestly higher shortly after trading resumed.
The cautious start to the week follows a sharp sell-off. All three major indexes ended last week lower after Thursday's rout, which produced the largest one-day percentage falls since April 2025. The Nasdaq Composite lost 3.4 percent over the week, the S&P 500 fell 2.7 percent and the Dow Jones Industrial Average slipped 0.9 percent.
Friday rebound offered only partial relief
Friday brought a partial recovery. The Nasdaq Composite rose 1.09 percent to 24,579.42 and the S&P 500 added 0.31 percent to 7,376.86, helped by renewed buying in chip stocks after Thursday's heavy selling. The Dow, however, fell 237.33 points, or 0.46 percent, to 51,285.73, as sentiment stayed cautious after a stronger-than-expected October jobs report and continued unease about spending on AI infrastructure.
Investors are now watching whether technology shares can extend that recovery or whether the pullback has further to run. Fiduciary Capital Management said conditions for a broad equity bounce were not on the near-term horizon, a view that reflects how sharply sentiment has turned after months in which AI spending drove the market higher.
Inflation data is the week's main event
The most important data of the week arrives on Tuesday, when the October consumer price index is published, followed by the producer price index on Friday. Both reports will shape expectations for the Federal Reserve's next move, with markets now seeing another interest rate rise in December as the likely outcome after the strong jobs data.
Several Federal Reserve officials are also due to speak during the week, including Austan Goolsbee and Thomas Barkin on Monday, giving traders further clues about how policymakers view growth, employment and inflation.
AI earnings will test the spending story
Earnings from AI-linked companies are the other focus. CoreWeave, Cisco and Applied Materials are all due to report this week, and investors will examine their results for evidence about corporate capital spending and profit margins in the AI build-out.
CoreWeave reports on Tuesday and Nebius Group on Thursday, two names that have been under particular pressure in the recent sell-off. With no other major results scheduled, the AI earnings and the inflation figures are set to decide whether last week's rout was a pause in the AI rally or the start of a deeper reset.