US stock futures rise; Nasdaq 100 futures up 1%, S&P 500 futures up 0.4%

The gap between Nasdaq 100 and S&P 500 futures points to a tech-led bid rather than broad risk appetite, a distinction that matters for anyone reading this as a general market signal. Futures positioning this early is thin and easily reversed before the cash open. Whether the tech-heavy outperformance holds through the session, or fades as it has on similar pre-market moves, is the open question worth watching.