FX.co ★ US Futures Gain on Tech Strength

US stock futures were mixed on Monday as a rebound in heavyweight AI infrastructure names helped offset muted moves across the broader market. Gains in tech pushed the S&P 500 up 0.5% and the Nasdaq 100 up 1.2%, while the Dow slipped just below the flatline. The advance marked a reversal from last week’s tech weakness, when disappointing results from Anthropic and mounting debt concerns among cloud providers—most notably CoreWeave—weighed on demand for speculative positions in the sector. Dip buyers drove premarket gains of more than 4% each in AMD, Micron, Lam Research, and SanDisk. Signs of credit stress in the group also tempered worries that the US Treasury would face intensified competition for capital from primary dealers, helping to pull down longer-dated yields. Banks were subdued in the wake of a heavy earnings week, while Meta and Tesla edged lower ahead of their quarterly reports in the coming days.