Nasdaq futures gain as investors buy the dip in the AI trade: Live updates

Nasdaq-100 futures added 0.4% Sunday night, a tentative rebound after last week's rout in shares tied to the artificial intelligence trade.

The damage was concentrated in tech. The Nasdaq fell 4.5% last week, snapping a four-week winning streak. The S&P 500 lost nearly 2%, its biggest weekly decline since late June. The gap between the two, roughly 2.5 percentage points, shows the selloff hit the AI-linked, tech-heavy corner of the market harder than the broader index.

Sunday's bounce is modest relative to the week's losses. A 0.4% futures gain recovers only a small fraction of a 4.5% weekly drop in the Nasdaq. CNBC's framing of traders "cautiously" dipping a toe back in fits that read: this is dip-buying with limited conviction, not a decisive reversal.

Interpretation: the end of a four-week winning streak suggests momentum has cracked, and a single positive futures session does not rebuild it. Buyers are testing whether the selloff was a one-week flush or the start of a larger repricing of AI exposure.