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Stock Futures Signal Rebound as Dip Buyers Snap Up Tech Shares

Bloomberg.com·Alexandra Semenova·20 days ago
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US equity futures pushed higher early Wednesday as traders snapped up technology shares after a pullback in the group, with enthusiasm around strong earnings outweighing a resurgence in inflation.

Contracts on the S&P 500 Index rose 0.2% as of 8:06 a.m. in New York, while those on the Nasdaq 100 Index gained 0.7%. Chipmakers, opticals and storage firmsBloomberg Terminal were advancing as supply for global memory chips, critical to artificial intelligence infrastructure build-outs, tightened further. Nvidia Corp. climbed 2.3% as Chief Executive Officer Jensen Huang is joining President Donald Trump on his visit to China.

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