Premarket stalls for NYSEARCA: SPY, NASDAQ: QQQ slips as AI trade cools, oil drop doesn’t move futures
Nasdaq futures slipped 0.24% and S&P 500 futures fell 0.19% as rising Treasury yields and Thursday’s PCE inflation report outweighed oil price relief, narrowing the AI premium and putting Micron’s upcoming earnings and inflation data in focus as key catalysts for QQQ and SPY direction this week.