S&P 500 futures rose as chip stocks led tech rally.
Semiconductor stocks led a broad rebound in equity markets as investors positioned ahead of quarterly earnings reports from major technology leaders including Google, IBM, and Tesla. The S&P 500 futures and Nasdaq-100 futures advanced, with notable gains across chipmakers such as Micron, Marvell, and Intel. However, market gains were tested by rising interest rates, with the 10-Year Treasury yield climbing to 4.628% and WTI Crude Oil futures advancing to 85.40 amid ongoing U.S.-Iran tensions. Options trading reflected increased call volume in S&P 500 futures contracts, while Bitcoin rallied above 67,000.
Semiconductor stocks led a broad rebound in equity markets as investors positioned ahead of quarterly earnings reports from major technology leaders including Google, IBM, and Tesla.
The S&P 500 futures and Nasdaq-100 futures advanced, with notable gains across chipmakers such as Micron, Marvell, and Intel.
However, market gains were tested by rising interest rates, with the 10-Year Treasury yield climbing to 4.628% and WTI Crude Oil futures advancing to 85.40 amid ongoing U.S.-Iran tensions.
Options trading reflected increased call volume in S&P 500 futures contracts, while Bitcoin rallied above 67,000.