Dow futures live price edged higher to 38,555, buoyed by a rebound in semiconductor stocks. The cyclical uptick is fueling sector rotation trades, with futures positioning aligning closely to bullish sentiment indexes. On Friday, BMO said that it sees the index at 7,000 by the end of 2025, a 5.36% premium to today's price of 6,643.70. It cited lower rates, stronger earnings and market breadth, and "AI not ANYWHERE near bubble territory." The three leading U.S. indexes closed in positive territory, with Wall Street shrugging off concerns surrounding the federal government's shutdown. Dow futures live price touched 38,585 as optimism grew over fiscal stimulus talks. Equity market breadth improved notably, though analysts caution sentiment-sensitive movements could reverse if policy negotiations stall.