US stock futures edged higher Sunday as Wall Street recovered from a tech sector slump, with the S&P 500 and Nasdaq 100 leading gains. Investors remained cautious ahead of delayed jobs data and CPI reports, which could shape Federal Reserve policy. The Dow Jones also rose, reflecting optimism about AI-driven market resilience.

Tech stocks rebounded sharply after a week of declines, driven by chipmakers and AI-related companies that had struggled with concerns over profit margins and business model disruptions. The S&P 500 fell 0.1% last week, while the Nasdaq dropped 2%, but the Dow gained 2.5%, hitting 50,000 points for the first time. Bargain hunting in technology names and easing bond yields fueled the rebound.

Market focus shifts to key economic data delayed by a government shutdown. The January employment report, now due Wednesday, and consumer price index data on Friday will be critical. Weak private-sector job growth last week raised fears of a cooling labor market, while inflation trends could influence interest rate decisions. Corporate earnings from Coca-Cola and Ford this week may also sway investor sentiment.

AI computing power remains a focal point, with tech titans like Super Micro Computer and AppLovin surging. Analysts note that AI-driven strategies have outperformed benchmarks, with 2 out of 3 global portfolios beating the S&P 500 year-to-date. As markets await Fed signals, tech sector volatility and economic indicators will likely dominate trading.

Quick Fact: Dow Jones rose 2.5% last week, hitting 50,000 points.