U.S. stock futures reverse higher as Micron and SanDisk rebound premarket
Major U.S. index futures turned positive after earlier losses, while Micron and SanDisk swung from drops of more than 4% to gains above 1%; Nebius and CoreWeave also rebounded.
The claim accurately restates the original Odaily/MSX.COM newsflash. The solar portion (Enphase and SolarEdge up >7%) is independently confirmed by the 24/7 Wall St/AOL article and Yahoo Finance intraday quotes. The storage portion's direction (WDC down ~2%, Seagate down, SanDisk up) matches Yahoo Finance data. A BlockBeats/Bitget feed showed storage broadly up at a different intraday timestamp, indicating normal intraday variance rather than a contradiction. Exact percentages are intraday snapshots that vary by source and moment.
Major U.S. stock index futures, which were earlier lower with Nasdaq 100 futures leading declines, later reversed into positive territory in premarket trading, according to updated market data. Earlier weakness had been concentrated in semiconductor and storage stocks including Nvidia, Intel, AMD, Qualcomm, Seagate, Western Digital, SanDisk and Micron. In the later update, Micron Technology and SanDisk erased declines of more than 4% and rose more than 1%, while computing rental firms Nebius and CoreWeave gained 3% and 2% after falling 17% and 14% in the previous session.
- premarket: Trading activity and price moves that occur before the official opening of the U.S. stock market.
- Nasdaq 100 futures: Contracts tied to the Nasdaq 100 index that indicate expected market direction before regular U.S. trading begins.
- semiconductor: An industry that designs and makes chips used in computing, memory, communications and other electronic devices.