SPY is trading at $741.07, up 0.8% pre-market as global equities and futures rebound. - That compares with the November 6 close of $735.29; the gain is not 3%. - Friday’s recovery in technology and semiconductor stocks followed the AI-led selloff; record data-center construction spending supports the AI infrastructure outlook. - Investors are monitoring Tuesday’s inflation report and AI regulation, while regulatory concerns and expectations of tighter Fed policy remain risks.