U.S. stocks futures rose. Dow futures rose 0.25%, Nasdaq 100 futures rose 1.4%, S&P 500 futures rose 0.61%, , reflecting a broadly risk-on tone in tech-led.
Alphabet gained more than 3% in overnight trading. The company launched its Gemini 4 Argon flagship AI model.
Chip stocks rallied in overnight trading. Direxion Daily Semiconductors Bull 3x Shares rose 9%; Lam Research rose 5%; Arm rose 4%; Intel, AMD, SanDisk, SK hynix, and Qualcomm rose 3%; Western Digital, Seagate Technology, ASML, Broadcom, and Nvidia rose 2%; Micron Technology and TSMC rose 1%.