Futures contract trading volumes in Nasdaq 100 minis spiked 15%

Futures contract trading volumes in Nasdaq 100 minis spiked 15% as tech earnings optimism offset recession worries. Market sentiment turned slightly bullish after semiconductor shipment data showed stronger-than-expected Q2 growth in Asia. The impressive growth of Jabil's AI business and the huge opportunity in this segment could ensure further improvements in its financial performance in the future. The U.S. Treasury regularly sells new U.S. treasuries at auction to finance public debt, which impacts supply and, in turn, price. Brent futures touched $84.50, triggering buy-side momentum among energy hedge funds anticipating upward price pressure into August.