Dow Jones Futures: Apple Earnings, Iran News, Fed Meeting Loom As AI Stocks Sell Off
The article says the stock market had another weak week, led by pressure in tech and AI names, while energy and some defensive sectors held up better. The Nasdaq fell below its June lows, a bearish signal, as Alphabet and Tesla sold off sharply. Investors are focused on a heavy upcoming earnings week featuring Apple, Microsoft, Meta, and Amazon, where AI capex and monetization will be scrutinized. The Federal Reserve meeting and U.S.-Iran tensions are additional catalysts that could move rates, oil, and broader risk appetite. Apple is highlighted as relatively resilient heading into earnings, while AI hardware and buildout stocks remain under pressure. Overall, the piece argues for defensive positioning amid elevated volatility and mixed sector rotation.