Nasdaq 100 futures slip as AI-linked stocks sell off, Nvidia drops over 2%
Nasdaq 100 futures fell in early trading on Monday, pressured by a selloff in AI-related stocks. Safety-focused calls from industry figures including Elon Musk and Sam Altman to pause AI model development weighed on sentiment. Nvidia slid more than 2% and Amazon fell 1%, while other chipmakers such as Intel, AMD and Marvell Technology also weakened. Analysts said the tech-sector pullback could influence the tone heading into the Federal Reserve’s upcoming rate decision.