Nasdaq futures in the United States climbed on Monday as Treasury yields slipped ahead of the release of key inflation data. This development suggested that investors are growing more optimistic about the technology sector, following a recent bout of volatility.
The Nasdaq-100 futures rose by 0.7% before the opening bell, indicating a positive start for tech-heavy stocks. This increase comes after a turbulent week for the Nasdaq Composite, which experienced significant declines due to concerns about rising interest rates. The 10-year Treasury yield, which had reached its highest level in over a year recently, eased back slightly to 1.60% on Monday.
