Futures Stabilize as Oil Retreats, Intel AI Results Beat, Iran Tensions Loom
NDX sits 25% above its 52-week low of $22,673.875.
Summary
Nasdaq-100 futures are swinging between small gains and losses after a volatile week, with Brent crude retreating to $98/barrel from yesterday's $101+ surge. Intel's post-close earnings crushed forecasts, lifting its shares premarket and offering a positive AI demand signal. However, markets remain fragile: oil is still up 12% this week, and the Nasdaq is heading for its first back-to-back weekly losses since March. President Trump's consideration of a massive attack on Iran adds geopolitical risk. Traders will watch results from American Express and HCA Healthcare, plus manufacturing/services PMI and new home sales data later this morning.
At the time of this announcement, NDX was trading at $28,454.81 on NASDAQ in the Technology sector. The 52-week trading range was $22,673.88 to $30,762.20. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.