Micron and Sandisk lead gains in memory-chip stocks, offsetting losses in Dow futures ahead of Monday’s trading session.
U.S. stock futures showed mixed movement early Monday, with Dow futures declining 0.2% while S&P 500 futures edged higher. The divergence followed Friday’s mild losses, which capped an otherwise bullish week for equities.
Memory-chip stocks Micron Technology (MU) and Sandisk (SNDK) emerged as key drivers, extending gains and lifting the Nasdaq. The sector’s strength contrasted with broader market caution, as investors weighed recent volatility against ongoing AI-related demand.
Friday’s session had closed lower, ending a five-day winning streak for major indexes. AI leaders Nvidia and SK Hynix remained in focus amid technical buy-point discussions.