US stock futures slumped late Sunday as Wall Street headed into a new trading month following a sell-off in equities as well as precious metals and cryptocurrency.
Futures tied to the Dow Jones Industrial Average (YM=F) fell 0.2%. S&P 500 futures (ES=F) declined 0.3%, while Nasdaq 100 futures (NQ=F) dropped 0.5%.
Stocks are coming off a losing session on Friday after Trump announced Kevin Warsh as his nominee to lead the Federal Reserve. That move has opened the door to speculation on what will happen to interest rates over the coming months, with most traders still expecting two rate cuts by the end of the year.
Over the weekend, bitcoin (BTC-USD) sank below the $80,000 mark for the first time since April, extending losses after a volatile end to last week. Precious metals, which have been at the forefront of 2026’s most rip-roaring rally, also continued a rollercoaster ride. Silver (SI=F) rose late Sunday after tumbling roughly 30% in its biggest single-day drop on record, while gold (GC=F) ticked higher after its own pullback.
Markets are also digesting fresh uncertainty around Nvidia (NVDA) and the broader artificial intelligence trade. Big Tech has led market moves throughout the start of 2026 with an ever-increasing appetite for earnings leading companies in oppositional directions.
The week ahead brings a wave of corporate earnings, with more than 100 S&P 500 (^GSPC) companies set to report results. High-profile names on the calendar include Amazon (AMZN), Alphabet (GOOG), Disney (DIS), Palantir (PLTR), and Advanced Micro Devices (AMD).
Data releases this week include the all-important January jobs report, due Friday morning. Economists expect payrolls to have added 65,000 jobs last month, with the unemployment rate set to hold at 4.4%.
Coming soon
Stock market coverage for Monday, February 2, 2026.