Nasdaq futures up, chip rotation risk in focus
U.S. stock futures jumped early Monday, ahead of Wall Street’s return from the July Fourth holiday. Nasdaq futures outperformed Dow futures by 85 basis points, hinting at stronger demand for big tech and growth names after chips slipped last week. Google Finance tracked Dow futures up 0.21%, S&P 500 futures up 0.48% and Nasdaq futures ahead by 1.06%.