India, Aug. 9 -- Nasdaq futures are starting Monday with an upbeat tone following yet another good week for technology shares. As per the current Nasdaq futures number in the chart, the level is at 29,839.50, a gain of 351.25 points or 1.19%. This index is higher by 5.05% in the last five days, 17.22% in the year-to-date period and 25.83% year-over-year while the next technical hurdle is in the range of 29,850-29,900.

US Stock Market Prediction For Monday

The overall US equities market sentiment is still cautiously bullish as the S&P 500 on Friday closed at a new all-time high of 7,757.64, up 0.62%, while the Dow increased 0.28% to 54,036.93. The Nasdaq Composite Index rose by roughly 1.3%. Shares in technology are still being boosted b...