Overnight trading on Monday, Dow Futures rose 0.26%, S&P 500 Futures rose 0.35%, Nasdaq Futures rose 0.59%, reflecting a cautiously risk-on tone.
Memory-related stocks bounced back, with SNDK rising over 3%, while Micron, Seagate (STX), and Western Digital advanced over 2%.
Chip stocks broadly advanced, with Nvidia, Intel, ASML, and TSMC rising over 1%, while AMD and Arm gained more than 2%.
Coinbase shares gained over 2%. BTIG said Coinbase could benefit over time as investors reassess platforms following Binance’s record hack.
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