US stock futures rose on Tuesday as investors braced for a flurry of earnings reports amid signs of a revival in chip stocks, with fresh US tariffs on Canada and Middle East hostilities also in focus.
Contracts for the Nasdaq-100 (NQ=F) jumped 1.3% as semiconductor names took center stage ahead of Big Tech results this week. Dow Jones Industrial Average futures (YM=F) moved up 0.3%, while S&P 500 (ES=F) futures gained 0.5% after stocks slipped on Monday amid rising US-Iran tensions.
Chip stocks saw another resurgence on Tuesday morning after the sector attempted to stage a recovery at the start of the week. In Asia, South Korea's KOSPI Composite index (^KS11) gained over 2%, driven by strength in semiconductor names.
Meanwhile, Nvidia (NVDA) shares edged up before the bell after the AI chipmaker revealed it has taken a stake in neocloud provider Nebius.
Tech optimism helped offset uncertainty surrounding US trade policy and the war in Iran. On Monday, President Trump unveiled a new raft of 50% tariffs on an array of Canadian goods, including beer, hockey sticks, milk, and chemicals, that risk rekindling a **** -for-tat trade war between the countries. The tariffs are expected to take effect in 30 days after the US accused Canada of "discrimination" in its trading practices.
#Monday #amid
Contracts for the Nasdaq-100 (NQ=F) jumped 1.3% as semiconductor names took center stage ahead of Big Tech results this week. Dow Jones Industrial Average futures (YM=F) moved up 0.3%, while S&P 500 (ES=F) futures gained 0.5% after stocks slipped on Monday amid rising US-Iran tensions.
Chip stocks saw another resurgence on Tuesday morning after the sector attempted to stage a recovery at the start of the week. In Asia, South Korea's KOSPI Composite index (^KS11) gained over 2%, driven by strength in semiconductor names.
Meanwhile, Nvidia (NVDA) shares edged up before the bell after the AI chipmaker revealed it has taken a stake in neocloud provider Nebius.
Tech optimism helped offset uncertainty surrounding US trade policy and the war in Iran. On Monday, President Trump unveiled a new raft of 50% tariffs on an array of Canadian goods, including beer, hockey sticks, milk, and chemicals, that risk rekindling a **** -for-tat trade war between the countries. The tariffs are expected to take effect in 30 days after the US accused Canada of "discrimination" in its trading practices.
#Monday #amid
2 months ago
