Dow Jones futures tumbled as China's DeepSeek up-end Nvidia and AI stocks. Tesla, Meta, Microsoft and Apple headline earnings this week.

S&P 500 futures are falling 1.6%. Dow Jones Industrial Average futures are dropping 0.9%. Nasdaq 100 futures are plunging 2.6%. On Friday, the Dow Jones Industrial Average fell 141 points, or 0.32%, to 44,

In international markets, chipmaking and electrification companies saw pressure on the fears over the DeepSeek AI service. SoftBank -- the company that said it would fund up to $500 billion in AI infrastructure as well as the main shareholder of microchip designer ARM -- saw its stock dive 8%.

DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.

Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.

Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.

The Dow Jones Industrial Average (DJIA) continues to lean into the bullish on Wednesday, climbing around 100 points and inching towards 44,200 as equities tilt into the buy button. There aren’t any particular reasons for a fresh bull run to kick off, but investors aren’t finding any particular reason for a turn into the bearish side, either.

Historically, the Dow has performed better compared to the broader market. According to S&P Global, in the past 30 years up until June 2021, the Dow index returned approximately 11.16% compared to the market’s return of 10.6%. This growth is mainly due to the Dow’s stable, industry-leading companies that offer reliable dividends and returns.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a slow trading day.

U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.