According to BeInCrypto, Nasdaq 100 futures increased approximately 0.9% early on Monday following a decline in prices on Friday that was driven by concerns tied to the chip sector and broader Wall Street pressures.
The rally occurred despite earlier expressions of concern labeled “Black Monday,” which referenced fears about market weakness ahead of the new week. Futures moved upward after the selloff seen on Friday, when activity related to semiconductor-focused companies contributed to downward pressure on equity futures.
