US stock futures rose in early Tuesday trading, erasing losses from the previous session as market participants turned their attention to upcoming corporate earnings reports.
The Nasdaq 100 futures led the advance, continuing a momentum shift that began earlier in the week as investors sought to move past recent volatility driven by geopolitical concerns in the Middle East.
08% gain. This rotation follows a period of heavy selling, suggesting that investors are increasingly willing to look through the backdrop of the Iran conflict to assess fundamental corporate performance.
The rebound marks a continuation of the pivot toward technology stocks that characterized Monday's session, where Nasdaq 100 futures climbed 1.1% while the broader S&P 500 futures posted a more modest 0.08% gain.
This rotation follows a period of heavy selling, suggesting that investors are increasingly willing to look through the backdrop of the Iran conflict to assess fundamental corporate performance.
The market's appetite for risk was further bolstered by strong earnings data released earlier in the week.
Micron Technology's blockbuster results on Thursday provided tangible evidence of sustained demand in the artificial intelligence sector, helping to stabilize sentiment after a turbulent period.