U.S. stock index futures edged higher Monday evening after steep losses driven by tariff uncertainty and AI disruption fears. The S&P 500 futures gained 0.17% to 6,850.0 points, while Nasdaq 100 futures rose 0.1% to 24,781.0 points. The modest rebound came after major indexes dropped over 1% during the regular session.

FedEx filed a lawsuit against the Trump administration seeking a "full refund" for emergency tariffs paid over the past year. The suit follows the Supreme Court's ruling that the levies were illegal, with estimated revenue exceeding $160 billion at stake. FedEx becomes the first company to seek refunds after the decision, joining other firms challenging Trump's tariffs.

Wall Street suffered broad declines as investors grappled with uncertainty over Trump's tariff agenda and a speculative report from Citrini Research outlining potential AI-driven job displacement by 2028. The Dow Jones Industrial Average led losses with a 1.7% drop, while the S&P 500 fell 1% and the Nasdaq shed 1.1%. Tech stocks, particularly software companies, faced fresh selling amid growing concerns about AI disruption in the sector.