U.S. stock futures rebound after tech sell-off
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Glonghui July 29 — US stock futures rose after a technology stock sell-off briefly pushed the market to the brink of a technical correction, followed by a rebound. S&P 500 futures were up about 0.4%, while Nasdaq 100 futures rose 0.6%. Despite a new round of conflict in the Middle East driving up oil prices, futures remained on an upward trend. Asian stock markets rebounded as well; although SK Hynix reported disappointing profit figures, its share price rose, boosted by favorable AI comments.
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