Financial Markets Wall Street

U.S. futures are rising and artificial intelligence companies continue to rebound despite an internal investigation by Nvidia into its CEO Jensen Huang, who may have been the “target of a foreign intelligence effort.” Futures for the S&P 500 climbed 0.7% on Monday, while those for the Dow Jones Industrial Average gained 1%. Nasdaq futures added 0.4%. Despite recent gyrations, the S&P 500 is only 5.7% below its all-time high, which was set last month, after midterm elections in the U.S. upended markets. Shares of Nvidia slid 5% before the opening bell after Nvidia said it was opening an investigation into reports that Huang was the target of a foreign intelligence effort.