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Nasdaq and S&P 500 futures pause after record AI-led rally

U.S. stock futures took an early Tuesday breather after the Nasdaq closed at a record high, with semiconductors and mega-cap AI stocks leading.

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S. stock futures were little changed early Tuesday after Wall Street’s strong session left the Nasdaq at a record closing high. Semiconductors and mega-cap AI shares led the advance, with Meta’s high-profile rollout of its Muse AI assistant and AMD topping a $1 trillion market cap for the first time.