British News Agency

Dow Jones Industrial Average futures dropped 143 points, or 0.3%. S&P 500 futures slid 0.6%, while Nasdaq-100 futures fell nearly 1%.

Bitcoin fell below $80,000 for the first time since April. This was seen as a sign that investors were avoiding further risk after sharp declines in gold and silver on Friday. Silver, which had more than doubled over the past 12 months, plunged about 30% on Friday — its worst daily performance since 1980. Gold also fell about 9%. Bitcoin was last trading around $76,000.

Wall Street turned its attention to Nvidia amid questions surrounding artificial intelligence. The Wall Street Journal reported, citing people familiar with the matter, that Nvidia’s plans to invest $100 billion in OpenAI have stalled, and chipmaker executives have voiced doubts about the deal.

More than 100 S&P 500 companies, including Amazon, Alphabet and Disney, are set to report earnings this week. Earnings season has been broadly strong so far, though selling followed results from some high-profile companies, including Microsoft.

Still, according to Deutsche Bank strategists, earnings growth is expected to be the strongest in four years. Wall Street is also awaiting the U.S. January jobs report due Friday morning. Economists surveyed by Dow Jones estimate that 55,000 jobs were added last month.

Stocks are rebounding after a losing session, following declines in major indexes after U.S. President Donald Trump nominated Kevin Warsh to head the Federal Reserve. If confirmed, Warsh will replace Fed Chair Jerome Powell later this year.