Nasdaq, S&P 500, Dow Futures In Green: Chip Rebound Among Three Reasons Why Wall Street Is Upbeat
• U.S. stock futures are trading higher in pre-market activity, with the Nasdaq 100 rising 0.55% to $29,651, the S&P 500 up 0.23% to $7,752, and the Dow Jones Industrial Average remaining in the green at $54,063. • A rebound in the semiconductor sector is driving the optimism, with Sandisk advancing 2.6%, Micron increasing 1.27%, and AMD rising 0.7%. • This upbeat sentiment among chipmakers is attributed to an improved geopolitical backdrop, which is reducing investor anxiety regarding trade and supply chains.
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