US Stock Futures Rise After Micron as Dollar Gains - Asia Market Wrap

US stock futures advanced as Micron’s upbeat outlook lifted technology shares, while Treasuries recovered some losses and the Dollar strengthened. Nasdaq 100 futures rose about 1% and S&P 500 futures gained 0.6% following a late Wall Street selloff. Technology shares led gains across Asia, with Japan’s Nikkei 225 climbing 2.9% and South Korea’s Kospi rising 1.3%. Micron edged higher after forecasting stronger-than-expected results, while Alphabet gained after Google began rolling out its Gemini 4 Argon AI model. Treasuries stabilized as oil prices eased. The US 10-year yield held near 5.28% after reaching its highest level since 2002, while the 30-year yield stood around 5.62%. Bonds had sold off sharply across Asia following Wednesday’s Treasury losses. Micron’s forecast provided some support for equities, though uncertainty remained over inflation and the outlook for further Fed rate hikes. Attention now turns to Friday’s US payrolls report after the MSCI All Country World Index recorded its first monthly decline in three months in September. Elsewhere, Japan’s 30-year yield rose around 5 bps to 4.20%, while Australian and New Zealand bonds also weakened. Gold edged higher toward