
March S&P 500 E-Mini futures (ESH26) are up +0.31%, and March Nasdaq 100 E-Mini futures (NQH26) are up +0.54% this morning, pointing to a higher open on Wall Street as the tech-driven rally looks set to carry into the holiday-shortened trading week.
Futures on the Nasdaq 100 outperformed amid renewed appetite for technology stocks, boosting hopes for a “Santa Claus” rally. Most members of the Magnificent Seven stocks advanced in pre-market trading, with Tesla and Nvidia rising over +1%. Chip stocks also gained ground in pre-market trading, led by a more than +3% rise in Micron Technology.