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Equity futures edge higher as AI stocks stabilize

S&P and Nasdaq futures were above fair value as semiconductor and other AI-related stocks looked to regain footing after a sharp selloff. Crude oil moved off earlier lows amid ongoing shipping-related geopolitical concerns involving Iran.

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00. Equity futures continue to point to a higher open as semiconductor and other AI-related stocks try to steady after yesterday's sharp selloff. Crude oil prices have also bounced from earlier lows after a Wall Street Journal report said Iran is seeking to regain leverage in the ongoing conflict by intensifying attacks on shipping traffic, leaving geopolitical tensions and energy prices in focus. com