US stock market today: Nasdaq, S&P 500 futures rebound as chip stocks recover; Marvell Tech jumps 8%
New Delhi, June 8 -- The US stock futures regained strength on Monday, 8 June, amid a sharp rebound in chip stocks, even as escalating tensions in the Middle East pushed oil prices and bond yields higher.
S&P 500 futures rose 0.6%, while Nasdaq 100 futures climbed 1.2%, signalling a pause in the recent technology-led sell-off. Futures tied to the Dow Jones Industrial Average also advanced 0.2%.
Today's rebound came after Wall Street logged its worst intraday performance on Friday as the AI-led rally came to a halt and strong US jobs data reinforced expectations that the US Federal Reserve could raise interest rates rather than cut them in 2026.
Tensions in the Middle East escalated after Israel and Iran exchanged missile strikes on Mon...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.