Stock market today: Dow, S&P 500, Nasdaq futures stall after tech's biggest rally since May

Market Overview - US stock futures declined as they struggled to maintain momentum from a tech-led rebound, with optimism surrounding a potential Federal Reserve rate cut next month [1][4] - The Nasdaq Composite surged 2.7% recently, but major US indexes are still on track for monthly losses as investors reassess high valuations in AI and growth stocks [2] Company-Specific Developments - Nvidia shares faced pressure after reports indicated that Meta is in discussions to invest billions in Google's AI chips, leading to a 2% drop in premarket trading [3][6] - Nvidia's performance has been crucial to the S&P 500's rally this year, and its challenges could impact broader market sentiment [3] Economic Indicators and Earnings - Investors are closely monitoring upcoming economic data releases, including September updates on producer prices and retail sales, as well as consumer confidence readings [5] - Key earnings reports this week include Alibaba, Kohl's, and Best Buy, coinciding with a holiday-shortened trading week in the US [5]