Stock futures fell on Sunday night as Wall Street kicked off a new trading month, with traders watching bitcoin after a massive sell-off over the weekend.
Futures for the Dow Jones Industrial Average lost 143 points, or 0.3%. Futures for the S&P 500 declined 0.6%, while futures for the Nasdaq-100 dropped nearly 1%.
Bitcoin fell below $80,000 for the first time since April, a sign that investors are reducing risk after a sharp decline in gold and silver on Friday. Silver, which had more than doubled over the past 12 months, plummeted about 30% on Friday. This marked the worst one-day performance for the metal since 1980. Gold also fell about 9%.
Bitcoin last traded near $76,000.
Wall Street also turned its attention to Nvidia as questions about artificial intelligence intensified. The Wall Street Journal reported, citing sources familiar with the matter, that Nvidia's plan to invest $100 billion in OpenAI has stalled, with executives at the chip-making company expressing doubts about the deal.
