S&P 500 Futures Steady After Oil-Driven Sell-Off
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- S&P 500 futures were little changed as traders looked to recover from an oil-driven sell-off
- Dow, S&P 500, and Nasdaq all sold off as rising oil prices, bond yields, and AI capex concerns weighed on the market simultaneously
Why it matters: The convergence of an oil shock and AI capex anxiety marks a shift from a single-factor sell-off: markets must now absorb both higher energy costs and doubts about tech-sector spending returns, hitting the Dow, S&P 500, and Nasdaq simultaneously rather than isolating pressure to energy or tech alone.
