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Futures tied to the Dow Jones Industrial Average fell 114 points, or 0.2%. S&P 500 futures slipped 0.2%, while Nasdaq 100 futures dropped about 0.4%.

In after-hours trading, shares of chip giant Nvidia edged higher after its fourth-quarter revenue exceeded expectations. Software company Salesforce fell more than 4% following disappointing revenue guidance for fiscal year 2027.

Salesforce, one of the biggest recent casualties of concerns about disruptions in the artificial intelligence sector, slightly weighed on Dow futures in extended trading and reignited worries about the software sector.

These moves came after a positive day for U.S. stocks. The S&P 500 closed up 0.8% on Wednesday, marking its second consecutive day of gains, while the tech-heavy Nasdaq Composite jumped about 1.3%. The 30-stock Dow added roughly 307 points, or 0.6%.

Software and technology stocks rebounded during the regular session; Oracle gained 1.2%, and each of the technology giants in the “Magnificent Seven” (Alphabet, Google’s parent company; Amazon; Apple; Meta Platforms, the parent company of Facebook and Instagram; Microsoft; Nvidia and Tesla) closed in the green. Microsoft, a notable laggard this year, rose about 3% during the day.

Still, sentiment toward software and cybersecurity stocks remained fragile this year amid ongoing concerns about the rapidly evolving capabilities of artificial intelligence products that could hinder the businesses of existing vendors.

On the earnings front, investors will await results from Warner Bros. Discovery, Dell Technologies and CoreWeave, due on Thursday.

Meanwhile, investors are looking ahead to weekly jobless claims data on Thursday and the January producer price index data on Friday.