Tech Stocks Rebound as US, Iran Pause Attacks; South Korea Unveils $880B AI Push
US equity futures rose as tech stocks rebounded from a week of selloff, supported by a US-Iran agreement to pause attacks and South Korea's $880 billion investment plan in chips and AI.
US equity futures rose on Monday, signaling a rebound for tech stocks after a week of heavy selling. The recovery was fueled by a diplomatic breakthrough between Washington and Tehran, who agreed to pause attacks on each other, and South Korea's announcement of an $880 billion investment plan focused on semiconductors and artificial intelligence.
Futures on the Nasdaq 100 climbed more than 1%, while S&P 500 futures also gained, as investors rotated back into growth stocks. The US-Iran de-escalation eased geopolitical risk premiums, particularly in energy markets, and boosted risk appetite across equities. Meanwhile, South Korea's massive spending blueprint—involving Samsung and SK Hynix—underscores the global race to secure chip supply chains and AI infrastructure, a theme that has driven tech sector valuations this year. For traders tracking real-time moves, NowPrice offers live quotes on major US indices and individual tech names to monitor the rebound.
Looking ahead, market participants will focus on the Federal Reserve's annual forum in Sintra, Portugal, where central bankers including Fed Chair Warsh are expected to discuss monetary policy. Any hawkish signals could temper the rally, especially if bond yields rise. Additionally, investors will watch for further developments in US-Iran relations and any details on South Korea's investment execution. Key data releases this week include US durable goods orders and consumer confidence, which will provide clues on the economic outlook.