Nasdaq kicked off the week with a positive tone; Nasdaq 100 futures rose by about 0.4% in early trading, while S&P 500 futures also increased.
🔥 What’s driving the market today
1. Technology and Artificial Intelligence sector
Technology stocks, especially semiconductor companies, remain among the key sources of strength in the market. Rising demand tied to AI infrastructure has supported Asian chipmakers and extended its impact to expectations for the U.S. technology sector.
2. Oil slips
Oil prices continued to fall for the fourth day, with improved supply flows from the Gulf region. Lower oil could ease some inflation pressures—an issue that is a relatively supportive factor for growth and technology stocks.
🔥 What’s driving the market today
1. Technology and Artificial Intelligence sector
Technology stocks, especially semiconductor companies, remain among the key sources of strength in the market. Rising demand tied to AI infrastructure has supported Asian chipmakers and extended its impact to expectations for the U.S. technology sector.
2. Oil slips
Oil prices continued to fall for the fourth day, with improved supply flows from the Gulf region. Lower oil could ease some inflation pressures—an issue that is a relatively supportive factor for growth and technology stocks.