According to CNBC, U.S. equity futures were little changed Monday night after a rally in artificial intelligence-linked stocks lifted the major averages. S&P 500 futures slipped 0.05%, Nasdaq-100 futures were marginally higher, and Dow Jones Industrial Average futures fell 23 points, or 0.04%.

The move followed a strong session in which the S&P 500 rose 1.5% for its best day since Aug. 4, the Nasdaq Composite gained 2.3% for its first closing record since June, and the Dow added 366 points, or 0.7%. Meta Platforms jumped more than 11%, while Intel and Advanced Micro Devices climbed 12% and about 10%, respectively, with AMD briefly reaching a $1 trillion market cap. Nvidia rose 2% and Corning advanced almost 6%.

Oil prices also fell, with West Texas Intermediate crude futures down 4.5% to $95.78 a barrel and Brent settling more than 3% lower at $100.34 a barrel. The 10-year Treasury yield slipped more than 4 basis points to 4.951%.

Traders are watching this week's summit in Washington, DC between President Donald Trump and Chinese leader Xi Jinping, where artificial intelligence, the Iran war, tariffs and rare earth metals are expected to be discussed. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng before Xi's visit to the U.S. Investors are also awaiting the Richmond Federal Reserve's manufacturing survey and speeches from New York Fed President John Williams and Richmond Fed President Tom Barkin on Tuesday, along with earnings from AutoZone and KB Home.