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U.S. stock futures pointed to small losses Tuesday after the major indexes reached all-time highs the previous session, driven by enthusiasm over artificial intelligence.
The Dow Jones Industrial Average's futures contracts dropped 213 points, a decline of 0.4%, CNBC reported. Nasdaq $NDAQ +0.31% 100 futures edged down 0.1%, and S&P 500 futures lost 0.2%.
The retreat came after a strong Monday. Nvidia $NVDA +6.26% stock led tech gains that pushed the major averages to record highs, with the S&P 500 notching its ninth consecutive week of gains, according to CNBC.
Several major AI-related developments are competing for investor attention Tuesday. Anthropic filed for an IPO, while Google $GOOGL -1.04% parent Alphabet said it would raise $80 billion from stock sales to fund its AI buildout, including a $10 billion investment from Berkshire Hathaway $BRK.B -0.88%. Alphabet stock fell 2.3% in premarket trading.
