US equities rebound after a volatile week, with Nasdaq futures signaling a 2% surge amid falling oil prices and strong Micron performance.
US stocks are poised for a rebound after a turbulent week, with Nasdaq futures indicating a gain of more than 2% in early trading. The rally follows a boost from Micron Technology and a continued decline in oil prices, easing concerns over inflation and energy costs.
The Nasdaq has struggled in June, dropping over 5% month-to-date, but futures suggest a sharp reversal. Analysts attribute the recovery to improved sentiment in the tech sector and broader market stabilization after recent losses.
No immediate market reaction data was provided, but the shift in futures points to optimism among investors ahead of the trading session.