US stocks rise as AI worries recede, Fed minutes eyed

Wall Street awaits Fed policy signals amid AI impact on markets

Published on Feb. 21, 2026

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US stock futures rose on Wednesday as concerns over the impact of artificial intelligence (AI) on the market eased, while investors awaited the release of the Federal Reserve's January meeting minutes for insight into policymakers' thinking on interest rates.

Why it matters

The stock market has been grappling with the implications of AI on business models and corporate competition, as well as the potential effects on the job market and inflation. The Fed minutes could provide clues on how policymakers are weighing these AI-related factors as they consider future rate decisions.

The details

Technology stocks are recovering some composure after a turbulent stretch that saw software names in particular take a bruising. But while the pressure is easing, investors are still weighing the long-term impact of AI. Attention is turning to the Fed's January meeting minutes later Wednesday for insight into policymakers' thinking, as markets price in at least two rate cuts this year. The watch is on for signs of AI fallout in the jobs market and on inflation, as energy prices rise.

  • The Fed's January meeting minutes will be released on Wednesday.
  • The Personal Consumption Expenditures index, a key inflation gauge, will be released on Friday.

The players

Federal Reserve

The central banking system of the United States that sets monetary policy, including interest rates.

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The takeaway

The stock market is navigating the evolving landscape of AI, with investors closely watching for its potential impact on the economy and the Fed's policy decisions. The upcoming Fed minutes and inflation data will be crucial in shaping the market's outlook.