S&P 500 Futures Soar as Nasdaq Leads Morning Rebound
US equity futures rebounded in morning trading, with Nasdaq futures gaining 1% and S&P 500 futures rising 0.6% despite previous spot market losses.
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US equity futures rebounded in morning trading, with Nasdaq futures gaining 1% and S&P 500 futures rising 0.6% despite previous spot market losses.
Major semiconductor stocks plunge heavily, led by Micron dropping over 13% and Nvidia falling 6.2%, while Nasdaq futures attempt a modest 0.7% recovery.
Major tech benchmarks and software stocks face downward pressure as Microsoft drops 2.66% and the S&P 500 slides, despite a minor green tick in Nasdaq futures.
Broadcom shares fell nearly 8% amidst a broader market decline that saw South Korea's KOSPI and Japan's Nikkei 225 tumble, although Nasdaq futures managed a minor rebound.