US Equity Futures Close Higher on Nonfarm Payrolls Day; Nasdaq 100 Leads

The tech-heavy Nasdaq 100 leading a broad futures rally suggests positioning skewed toward growth and rate-sensitive names into the payrolls print, with the small-cap Russell 2000 also participating rather than lagging. That pattern implies the market read the labor data as consistent with a soft-landing narrative rather than a growth scare. For crypto and RWA markets, the signal is a risk appetite that is not confined to mega-cap tech, which typically correlates with steadier digital-asset sentiment. Whether that breadth holds once cash trading opens is the open question.