U.S. equity futures traded near the flatline on Monday night following a rally driven by stocks tied to artificial intelligence. S&P 500 futures slipped 0.05%, while Nasdaq-100 futures were marginally higher. Futures tied to the Dow Jones Industrial Average inched down 23 points, or 0.04%. The action came after a jump in AI-related names lifted the major averages. The S&P 500 climbed 1.5% to post its best day since Aug. 4, while the Nasdaq Composite jumped 2.3% for its first closing record since June. The Dow Industrials rose 366 points, or 0.7%. Tech heavy hitters carried the rally, with Meta Platforms surging more than 11%. Chipmakers Intel and Advanced Micro Devices surged 12% and roughly 10%, with AMD touching a $1 trillion market cap.
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