S&P 500 and Nasdaq Futures Rise as AI Stocks Remain Strong
Stock futures are up across the board as the S&P 500 and Nasdaq are hovering near fresh record highs again, helped by continued strength in AI-related stocks and improving sentiment around geopolitics.Treasury yields are pulling back slightly after a relentless surge over the past two weeks, with the 10-year yield moving down from recent highs near 4.5%. Markets are responding to signs that a potential Iran ceasefire or peace framework could ease oil-driven inflation pressure. Lower yields are giving technology and semiconductor stocks room to rebound.Crude prices dropped sharply after optimism around U.S.-Iran negotiations improved, with Brent crude falling back below $100 a barrel after briefly spiking during recent Strait of Hormuz tensions. AI enthusiasm continues dominating equity leadership. Semiconductor names and hyperscaler-related infrastructure plays remain the strongest part of the market, even as analysts increasingly debate whether the rally has become too narrow and valuation-sensitive.In pre-market trading, S&P 500 futures rose 0.23%, Nasdaq futures rose 0.73% and Dow futures rose 0.182%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -TG Therapeuticsup 2% after announcing its ENHANCE trial met its primary endpointUP AFTER EARNINGS -Dycomup 25%Bath & Body Worksup 12%Abercombie & Fitchup 4%DOWN AFTER EARNINGS -Zscalerdown 23%Movadodown 12%Capri Holdingsdown 2%Dick's Sportingdown 1%Bank of Montrealdown 1%
