September S&P 500 E-Mini futures (ESU26) are up +0.47%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.94% this morning as chipmakers rebounded, with lower bond yields providing additional support after oil prices extended declines.
Chip and AI infrastructure stocks climbed in pre-market trading, rebounding from yesterday’s rout. The gains signaled cautious optimism ahead of Nvidia’s second-quarter earnings report on Wednesday, a key test for the AI trade and the broader market.