2/24/2026 | USA | general | ✓ Verified - cnbc.com

Stock futures are little changed after major indexes sell off on anxiety over AI disruption, tariffs: Live updates

#stock futures #AI disruption #tariffs #earnings reports #market volatility #Nvidia #Trump tariffs #software stocks

📌 Key Takeaways

Stock futures near flat after major indexes sell off
Market concerns over AI disruption and Trump's tariffs
Dow fell nearly 822 points, S&P 500 slipped into red for the year
Investors await key earnings reports from Nvidia, Salesforce, and Snowflake

📖 Full Retelling

Stock futures were near flat Tuesday morning following a rough start to the final week of February's trading, as investors grappled with renewed fears of artificial intelligence disrupting various industries and President Donald Trump's threat to hike global tariffs to 15%. Futures tied to the Dow Jones Industrial Average added 33 points, or nearly 0.1%, while S&P 500 futures remained flat and Nasdaq 100 futures gained 0.1%. The previous session saw major averages fall significantly, with the 30-stock Dow closing lower by nearly 822 points, or about 1.7%, dragged down by a roughly 13% loss in IBM shares. The tech-heavy Nasdaq Composite declined 1.1%, while the S&P 500 shed about 1% and slipped into negative territory for the year. Software stocks such as Microsoft and CrowdStrike were notable losers during the session, along with cybersecurity stocks and various financial sector names. Analyst Warren Pies, co-founder and strategist at 3Fourteen Research, commented that 'the market has lost momentum. It's in this trading range...and there's been a really unhealthy rotation,' suggesting that investors should reduce risk and wait for the range to resolve. Heading into Tuesday, traders will monitor consumer confidence data and Home Depot earnings, while bracing for key results from Nvidia and software names Salesforce and Snowflake later in the week, which could be market-moving amid the current tech pullback.

🏷️ Themes

Market Volatility, AI Disruption, Trade Policy

📚 Related People & Topics

Nvidia

American multinational technology company

Nvidia Corporation ( en-VID-ee-ə) is an American technology company headquartered in Santa Clara, California. Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, it develops graphics processing units (GPUs), systems on chips (SoCs), and application programming interfaces (APIs) for...

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Tariffs in the Trump administration

Topics referred to by the same term

Tariffs in the Trump administration could refer to:

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Connections for Nvidia:

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🌐 Stock market 7 shared

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🏢 AMD 4 shared

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Deep Analysis

Why It Matters

The market's reaction to AI disruption fears and tariff policy uncertainty reflects broader economic anxieties that could impact investment flows and corporate earnings. This volatility highlights how technological shifts and trade policies are becoming dominant market drivers. The performance of tech stocks is particularly crucial as they often lead broader market trends.

Context & Background

Major indexes fell significantly on Monday with the Dow dropping nearly 822 points
Fears of AI disrupting traditional software and cybersecurity companies drove sector-specific declines
President Trump announced new tariffs initially set at 10% rather than the expected 15%
Investors are awaiting key earnings reports from tech giants like Nvidia and Salesforce

What Happens Next

Traders will monitor Anthropic's AI event and upcoming consumer confidence data for market direction. Earnings reports from major tech companies like Nvidia and Salesforce later this week could determine whether the current tech pullback continues or reverses. The market awaits clarity on whether the tariff rate will increase to 15% as previously threatened.

Frequently Asked Questions

Why did stock markets fall on Monday?

Markets declined due to fears about AI disrupting various industries and concerns about new global tariffs announced by President Trump.

What is the current tariff rate being implemented?

The tariff rate implemented Tuesday was 10%, lower than the 15% rate President Trump had previously announced.

Which companies are investors watching closely this week?

Investors are focused on earnings from Nvidia, Salesforce, and Snowflake, plus AI announcements from Anthropic.

Original Source

              Stock futures were near flat Tuesday morning after a rough start to the final week of February's trading. Futures tied to the Dow Jones Industrial Average added 33 points, or nearly 0.1%. S&P 500 futures were flat, while Nasdaq 100 futures gained 0.1%. Major averages fell in the regular session on renewed fears of artificial intelligence disruptions to various industries. President Donald Trump's threat to hike global tariffs to 15% and tensions between the U.S. and Iran also kept traders on edge. The 30-stock Dow closed lower by nearly 822 points, or about 1.7%, dragged lower by a roughly 13% loss in IBM shares . The tech-heavy Nasdaq Composite declined 1.1%, while the S&P 500 shed about 1% and slipped into the red for the year. Software stocks such as Microsoft and CrowdStrike were notable losers during the session, along with cybersecurity stocks and a slate of financial sector names. "The market has lost momentum. It's in this trading range ... and there's been a really unhealthy rotation," Warren Pies, co-founder and strategist at 3Fourteen Research, said Monday on CNBC's "Closing Bell." "So consumer staples, energy up double-digits over the last quarter. You have tech and financials down," "I just am of the belief that you have to step back, take down your risk and wait for this range to resolve, and really, in order for it to resolve in a bullish way, it has to be tech-led," he added. "You cannot get out of this with tech and financials continuing to do this." Pies, who downgraded U.S. equities to neutral earlier this month, believes tech stocks will see upside from fundamental strength and increasing productivity. "I think this has been a healthy pullback, a consolidation ... still, the wise way to navigate that is to wait and let the market definitively break that range," he said. Heading into Tuesday, traders will keep an eye on a key event hosted by artificial intelligence firm Anthropic, the company behind Claude. Anthropic is expected to make new produc...
            

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