Stock Futures Rise as Market's AI Worries Ease

Nasdaq 100 futures jumped 1.2%. The Nasdaq blew a lead on Monday, closing a touch lower as Wall Street assessed a flare-up in tensions between the U.S. and Iran and questioned whether cheap Chinese large-language models would cause the AI spending boom to fizzle out. “We see little evidence that the latest escalation will weaken economic growth enough to change our pro-risk stance,” BlackRock Investment Institute head Jean Boivin said.