Intel

Nvidia’s more than $500 billion data-center financing framework has strengthened the early bid in technology shares and helped steady broader index sentiment. Still, oil-market uncertainty around the Strait of Hormuz remains a key risk for the Nasdaq, S&P 500, and Dow as traders weigh inflation pressure and rate expectations.

Nvidia’s more than $500 billion data-center financing framework is helping restore confidence in the AI trade after a sharp pullback. Yet the broader equity bid remains vulnerable as Hormuz shipping headlines and crude prices continue to shape inflation and rate expectations.

September E-mini Nasdaq-100 Index futures edged higher in pre-market trade after buyers defended the July 17 main bottom. The rebound remains fragile as Brent, Treasury yields, and Middle East headline risk continue to shape sentiment toward growth stocks.

Tech shares found relief as semiconductor stocks extended a rebound and SpaceX snapped a sharp losing streak ahead of its first quarterly report. Still, crude prices above $90 kept inflation and rate concerns firmly in the background for growth stocks.

U.S. equity futures are easing as semiconductor stocks give back part of Thursday’s rally and traders reassess risk into the end of the week. September E-mini S&P 500 futures remain above key support, but compression on the chart and elevated protection demand point to a potentially faster move ahead.