U.S. stock futures declined on Tuesday following Monday’s reversal rally. Futures of major benchmark indices were lower.

Leading the charge on Monday, Oracle (NYSE:ORCL) shares jumped more than 5%, while Nvidia (NASDAQ:NVDA) gained almost 3%. Broadcom (NASDAQ:AVGO) soared around 10% after OpenAI pledged a $500-billion investment to co-develop 10 gigawatts of custom AI accelerators with the chipmaker.