Traders work on the floor of the New York Stock Exchange (NYSE) on September 09, 2026 in New York City.Spencer Platt | Getty ImagesStock futures were near flat on Monday evening as traders looked ahead to the Federal Reserve's policy decision due later this week and weighed a recent climb in oil prices and Treasury yields.S&P 500 futures were up 0.05%, while futures tied to the Dow Jones Industrial Average gained 21 points, or 0.04%. Nasdaq 100 futures advanced 0.03%. In the regular trading day, the Dow declined 152 points, or 0.3%. The S&P 500 lost 0.5%, while the Nasdaq Composite slipped about 0.6%.Asia-Pacific markets were set to open mixed Tuesday. Japan's Nikkei 225 was poised to fall, with its Chicago and Osaka futures contracts last at 63,185 and 63,220, respectively, compared with the index's previous close of 63,492.99.Hong Kong's Hang Seng index futures were at 25,028, higher than the index's last close of 24,917.6. Futures for Australia's S&P/ASX 200 last traded at 8,734 compared with the index's previous close of 8,749.9.A sell-off in artificial intelligence-related names weighed down the stock market after Anthropic CEO Dario Amodei called for a slower pace on AI development. Over the weekend, OpenAI CEO Sam Altman also ruled out an initial public offering this year, pointing to growing worries around AI safety.A slate of AI-connected stocks slid, with Nvidia dropping 3% and specialty glass and fiber optic play Corning tumbled 13%. The iShares AI Innovation and Tech Active ETF (BAI) dropped nearly 4%.Higher Treasury yields also spooked investors. The 10-year Treasury yield briefly topped 5% on Monday for its highest level since October 2023. Oil prices also edged higher after Saudi Arabia shuttered a key pipeline that bypasses the Strait of Hormuz, leading Brent futures to close above $105 a barrel and West Texas Intermediate crude to settle over $101.The Fed's policy rate decision expected Wednesday is also weighing on traders' minds. Fed funds futures trading suggest a roughly 92% likelihood that the central bank will lift rates by a quarter point from the current target rate range of 3.5% to 3.75%. "We expect the Fed to, for the first time in the [Chairman Kevin] Warsh era, raise its policy rate to an upper bound of 4.0% at this week's meeting," Christopher Hodge, chief economist of the U.S. at Natixis CIB Americas. "We also think that he will emphasize that this decision was discrete and does not pre-commit the Fed to any actions in subsequent meetings, giving him and the Committee maximum flexibility to respond to shocks," he added.Asia-Pacific markets set for subdued open after Wall Street declines overnightAsia-Pacific markets were set to open mixed Tuesday, after Wall Street declined as a sell-off in artificial intelligence stocks and elevated Treasury yields weighed on investor sentiment.Japan's Nikkei 225 was poised to fall, with its Chicago and Osaka futures contracts last at 63,185 and 63,220, respectively, compared with the index's previous close of 63,492.99.Hong Kong's Hang Seng index futures were at 25,028, higher than the index's last close of 24,917.6.Futures for Australia's S&P/ASX 200 last traded at 8,734 compared with the index's previous close of 8,749.9.— Lee Ying ShanShares of Dave & Buster’s fall after company posts surprise quarterly lossArcade games at a Dave and Busters in Hollywood, Calif.Getty ImagesShares for Dave & Buster's slid over 12% after the company's second-quarter earnings report. The company reported $544.1 million in revenue while analysts polled by FactSet expected $556.8 million. Similarly, the company recorded $98.9 million in adjusted EBITDA, missing the consensus call for $120.4 million. Dave & Buster also posted an unexpected adjusted loss of 27 cents per share, while analysts polled by FactSet sought a profit of 18 cents a share.The company's reported revenue decreased by 2.4% compared to the second quarter of fiscal 2025. "We are laser focused on returning to same-store sales and EBITDA growth, sharpening our margin management with cost saving initiatives, generating significant free cash flow, and delivering meaningful shareholder value," said Darin Harper, the company's chief executive officer.— Ananya ChetiaStock futures are little changed on Monday
Stock futures are little changed as traders eye rising oil prices and rates: Live updates
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