S&P futures increased on Monday after a week characterized by mixed performance, marked by a significant shift from technology stocks to sectors of the market that are currently trading at lower valuations. Market participants prepared for an array of U.S. economic data releases scheduled for this week. Futures for the Dow Jones Industrial Average increased by 249 points, representing a 0.5% rise. Futures associated with the S&P 500 increased by 0.5%, in conjunction with Nasdaq-100 futures.

Those moves follow a decline in the S&P 500 and Nasdaq Composite last week, with Oracle and Broadcom spearheading a shift away from artificial intelligence. The S&P 500 experienced a decline of 0.6% last week, whereas the Nasdaq recorded a loss of 1.7%. The Dow, exhibiting a lower sensitivity to technology and artificial intelligence compared to its counterparts, experienced an increase of 1.1%.

Oracle experienced a decline of 12.7% over the week, whereas Broadcom saw a reduction exceeding 7%. The technology sector of the S&P 500 experienced a decline of 2.3%. “The S&P 500′s Magnificent-7 might be less magnificent in 2026 as their fierce competition in the AI race starts to erode the monopolies they have enjoyed,” wrote Ed Yardeni. “The beneficiaries of that competition are likely to be the S&P 500’s impressive 493.”

Economic data reports may influence market sentiment in the upcoming week. On Tuesday, the November nonfarm payrolls figures will be released, accompanied by the October retail sales figures. The delay in these reports can be attributed to the U.S. government shutdown that occurred in the fall. The consumer price index for November is scheduled for release on Thursday.