Stock Futures Rebound Following Brutal Tech Selloff

Stocks looked set to edge higher on Monday, clawing back some of their recent losses as investors bought the dip ahead of a slew of economic data and some crucial central bank policy decisions. “The weakest AI stories are increasingly being punished rather than the pre-September period when AI all went up together,” Deutsche Bank analyst Jim Reid said on Monday. Shutdown-delayed employment reports for October and November due out Tuesday will give investors a better sense of how the labor market is faring, which could be key to determining if the Federal Reserve carries on cutting interest rates next year.