Nasdaq 100 futures rise 0.35% after five-day losing streak

U.S. stock futures climbed early Friday, with Nasdaq 100 futures up approximately 0.35% in overnight trading after five consecutive sessions of declines. Treasury yields held steady, reducing pressure on growth stocks whose valuations are particularly sensitive to higher interest rates. Bitcoin traded between $73,000 and $76,000 during the August 20-21 window, suggesting that risk appetite had not fully disappeared despite the equity selloff. The Nasdaq 100 had recently traded between 29,000 and 30,000, closing between roughly 29,213 and 29,426 across recent sessions, while remaining up approximately 16.54% year to date as of August 19. The Nasdaq Composite and S&P 500 also endured five- and six-day losing streaks in June and July before rebounding. A renewed rise in Treasury yields, potentially triggered by an inflation surprise or a change in Federal Reserve communication, could quickly challenge the constructive setup.

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