US Futures Edge Higher After Tech Rebound
2026-10-20 00:04
By
Jam Kaimo Samonte
1 min. read
US stock futures edged higher on Tuesday after the major indexes opened the week with gains, supported by a recovery in technology shares.
Futures tied to the Dow Jones, S&P 500 and Nasdaq 100 each advanced at least 0.1%.
During Monday’s regular session, the S&P 500 and Nasdaq Composite rose 0.41% and 1.11%, respectively, rebounding from last week’s sharp selloff driven by growing concerns over AI financing.
Chipmakers and other mega-cap stocks led the recovery, with Micron gaining 3%, Nvidia rising 1.4%, Sandisk climbing 5.5%, Amazon advancing 5% and Tesla adding 3.8%.
Investors are now preparing for a busy corporate earnings schedule on Tuesday, with reports expected from General Electric, Netflix, Raytheon Technologies, United Airlines and General Motors, among others.
On the economic front, traders will also monitor housing starts and pending home sales data for further signals on the US housing market.