SPY is trading at $757.12, up 0.19%, as U.S. futures rebounded after Friday’s technology- and AI-led selloff.

  • Investors reassessed concerns about AI spending and earnings; Apple’s earnings are in focus.
  • Hopes for U.S.-Iran diplomatic progress and falling oil prices helped ease risk-off sentiment.
  • China’s manufacturing PMI contracted to 49.3. The supplied price context shows a modest premarket gain, not a move of 3% or more.