Technology Stocks

Rising Treasury yields are again pressuring industrials and rate-sensitive shares, leaving the Dow on track for another weekly decline. The Nasdaq remains better supported as AI-linked technology buyers continue to defend growth names despite tighter policy concerns.

Nasdaq 100 futures advanced in Monday’s pre-market trade after weak payrolls reduced expectations for a September Fed hike and gave growth stocks fresh support. Traders are now watching CPI, WTI crude above $79, and key futures levels to judge whether the rally can extend or stall.

SpaceX is set to enter the Nasdaq 100 after the largest IPO ever and a sharp debut rally. Recent high-profile additions such as Palantir and Strategy suggest index inclusion can coincide with volatility rather than a clean extension higher.

The market’s biggest tech names and bitcoin are losing steam as investors reassess the return on massive AI spending. Capital is shifting toward semiconductors, memory stocks and other AI infrastructure plays.