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Oleksandr Pylypenko

Nasdaq Futures Soar as Micron’s Strong Outlook Boosts Sentiment, U.S. GDP Data and Fed Speak in Focus

Micron United States GDP Adriana Kugler US Federal Reserve Christine Lagarde China Accenture ACN Carmax

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +1.33% this morning as market participants cheered forecast-beating quarterly results and guidance from semiconductor giant Micron, while also awaiting a flurry of U.S. economic data and remarks from Federal Reserve officials.

Micron Technology (MU) surged over +15% in pre-market trading after the memory chipmaker reported stronger-than-expected Q4 results and provided above-consensus Q1 guidance.

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