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S&P 500 futures rose less than 0.1%, while Nasdaq 100 futures slipped less than 0.1%. Futures linked to the Dow Jones Industrial Average gained 33 points, or less than 0.1%.

In extended trading, shares of restaurant chain Chipotle fell about 6% after reporting a fourth consecutive quarterly decline and forecasting flat same-store sales growth for 2026. Advanced Micro Devices shares dropped 8% after its first-quarter outlook disappointed some analysts.

In the prior session, major U.S. equity indexes declined as investors rotated out of risky growth stocks into cyclical names such as Walmart. The S&P 500 fell about 0.8%, while the tech-heavy Nasdaq Composite slid 1.4%. The 30-stock Dow fell roughly 167 points, or 0.3%, after earlier setting a new record.

During the regular session, Nvidia and Microsoft fell more than 2%. AI-infrastructure leaders Broadcom, Oracle, and Micron Technology also closed in the red. Software stocks declined as well, with ServiceNow and Salesforce down about 7%. The technology sector was the worst performer in the S&P 500, dropping more than 2%.

Private credit stocks, including Blue Owl and TPG, also declined amid concerns that artificial intelligence could disrupt the software sector. It’s a busy earnings week: Alphabet reports on Wednesday, while Amazon reports on Thursday.