June Nasdaq 100 E-Mini futures (NQM26) are up +0.54% this morning, signaling a rebound from yesterday’s selloff, while investors await the first Federal Reserve rate decision under Kevin Warsh.
Nasdaq 100 futures were buoyed by a rebound in chip stocks. Micron Technology (MU), Marvell Technology (MRVL), and KLA Corp. (KLAC) rose more than +2% in pre-market trading.