S&P 500 futures are little changed after back-to-back losing weeks: Live updates

S&P 500 futures are near flat Monday night following two straight negative weeks for the benchmark.

Futures tied to the broad index added 0.1%, while Nasdaq 100 futures shed 0.2%. Dow Jones Industrial Average futures rose 76 points, or 0.2%.

The New York Stock Exchange was dark on Monday in observance of President’s Day.

Wall Street is coming off another losing week for the S&P 500 as fears about artificial intelligence’s disruption hit industries such as real estate, trucking and financial services. Both the S&P 500 and blue-chip Dow lost more than 1% last week, while the technology-heavy Nasdaq Composite lost more than 2%.

“The AI disruption vigilantes were at it again … with new targets,” said Daniel Skelly, head of the market research and strategy wealth management team at Morgan Stanley. “With the S&P 500 flattish for the year, the bull market has certainly paused, and given way to a bull market in ‘disruption hysteria.'”

The Dow and S&P 500 both logged their forth losing weeks of the last five. The Nasdaq recorded its fifth straight negative week, its longest losing streak since 2022.

Those concerns appeared to overshadow the latest consumer price index reading released Friday. The headline CPI data came in softer than economists polled by Dow Jones predicted for January.

Investors will get more insight into the path of inflation this week, with the personal consumption expenditure report slated for Friday. Before then, they’ll monitor Federal Reserve meeting minutes on Wednesday.

Palo Alto Networks reports earnings after the bell on Tuesday. DoorDash, Walmart and Wayfair share results later in the week.