IXIC: Nasdaq Futures Jump as Tech Shares Eye Another Positive Week

Tech-dense equity benchmark is trying to lock in for its seventh weekly advance in the past eight weeks.

📈 Futures in Light Green

• Futures traders showed up Friday morning with cautious optimism and maybe a double espresso. Nasdaq futures climbed 0.5%, outperforming the broader market as Wall Street tried to close out another positive week despite churning volatility.
• Futures tied to the Dow Jones Industrial Average rose 0.3%, while S&P 500 futures added 0.3%. The setup points to a calmer open after a week dominated by bond-market drama, oil swings and the usual “is AI still unstoppable?” debate.
• The tech-dense index is now on track for its seventh weekly gain in the past eight weeks. Meanwhile, the S&P 500 is eyeing an eighth straight weekly advance. Apparently, gravity remains optional for equities.

🤖 Nvidia Still Runs the Show

• Nvidia NVDA looked ready for a small rebound after Thursday’s 1.8% post-earnings pullback. Shares were up 1% in premarket trading after investors spent the previous session debating whether “excellent” was excellent enough for the company considered the backbone of the AI economy.
• The chip giant’s earnings once again beat expectations, but Wall Street had set the bar somewhere near low Earth orbit. Traders are now parsing guidance, AI demand trends and data-center spending for clues on the next leg up or down.
• Even with Thursday’s wobble, tech has remained surprisingly resilient. The Nasdaq has gained 0.3% this week, showing that mega-cap AI names can absorb a lot of macro stress before bending.

🛢️ Yields Cool, Oil Slides

• Treasury yields finally eased after a rough stretch that rattled markets earlier this week. The 30-year Treasury yield briefly surged above 5.19% — its highest level since before the financial crisis — before cooling back near 5.09%. Higher yields tend to pressure stocks because safer bonds suddenly start looking more attractive.
• Oil prices also backed off as traders grew more hopeful about a possible breakthrough in the Middle East. West Texas Intermediate crude dropped nearly 2% to settle around $96 a barrel, while Brent crude slid more than 2% to roughly $102.
• Investors are also watching Washington closely as President Donald Trump prepares to swear in Kevin Warsh as the next Federal Reserve chair. Markets now face a fresh question: will the Fed lean harder against inflation, or let the punch bowl stay a little longer for all the party people?