U.S. stock index futures rose on Tuesday, tracking gains in technology shares as investors positioned ahead of the next trading session.
Nasdaq-100 futures were up 0.3% in pre-market trading, extending gains from the previous session where the index closed 0.8% higher. The advance followed a broad-based rally in tech stocks, with major components including Apple, Microsoft and Nvidia contributing to the upward momentum.
S&P 500 and Dow Jones futures also edged higher, reflecting a cautiously optimistic tone among traders. The gains came despite ongoing concerns over elevated interest rates and mixed economic data, which have weighed on market sentiment in recent weeks.
Technology shares have been a key driver of market performance in 2024, benefiting from optimism surrounding artificial intelligence and strong corporate earnings. However, the sector remains sensitive to shifts in monetary policy expectations and macroeconomic indicators.
Investors will be closely monitoring upcoming economic reports, including consumer inflation data due later this week, for further clues on the Federal Reserve’s policy path.
