Futures indices nasdaq futures rallied 0

Nasdaq futures rallied 0.18% in pre-market trading following upbeat semiconductor sales forecasts. This sector momentum could spill over into broader futures indices if earnings surprises continue. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. As part of the S&P factor series, the excess return index constructed from the front-quarter e-mini futures contract on the S&P 500 is arguably in its heyday in the structured note market having been live since 2010. In August 2023, Goldman Sachs first successfully brought the underlier to the US through registered structured notes after making several attempts earlier that year, SRP data shows. Its sales volume on the single index hit US$129m by the end of 2023. BNP Paribas, J.P. Morg Nasdaq futures traded higher after positive guidance from leading cloud computing firms. This has reignited bullish sentiment across tech-heavy futures indices.