Nasdaq Futures Surge Over 1%, Signaling Strong US Market Open

Key Highlights:

Nasdaq Futures Today: Live Update on May 8, 2025

Nasdaq-100 futures are showing strong upward momentum in early trading, rising by 212.00 points (+1.06%) to 20,173.00 as of 8:08 AM (GMT-5) on May 8, 2025. The futures opened at 19,934.50 and reached an intraday high of 20,262.50, reflecting strong investor confidence in the US technology sector.

Key Factors Driving Nasdaq Futures Higher

• Positive Tech Sentiment: Strong earnings reports from major tech companies are boosting investor confidence in the technology sector.
• Global Market Recovery: Optimism about global economic recovery is supporting technology stocks.
• Easing Interest Rate Concerns: Expectations of a pause in interest rate hikes by the US Federal Reserve are boosting market sentiment.

Sectoral Performance: Technology and Growth Stocks Lead Gains

• Big Tech Rally: Major technology giants, including Apple, Microsoft, and Amazon, are expected to trade higher.
• Strong Earnings Reports: Positive earnings reports from key tech companies are supporting Nasdaq futures.
• Digital Transformation Demand: Continued demand for digital services and technology solutions is driving tech stock gains.

Technical Levels to Watch

• Support: 20,000 (Strong buying interest above this level)
• Resistance: 20,250 (A breakout above this could lead to further gains)
• Current Momentum: Bullish above 20,100

What Lies Ahead

Investors should continue to monitor:

• Any updates from major US technology companies regarding earnings or guidance.
• Global market trends, particularly in the technology sector.
• Any statements from the US Federal Reserve regarding interest rate policies.

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