Futures sp500 s&P 500 futures regained losses after

S&P 500 futures regained losses after reports of easing supply chain pressures in the semiconductor industry. Tech-heavy weighting in the index futures makes it sensitive to chip sector performance. Its future looks bright, and its stock is appealingly valued. The S&P 500 is poised for bullish momentum, if it can remain above a key support range between 6445 and 6525 points, according to JPMorgan. Wall Street strategists are eyeing a break above the S&P 500 futures’ resistance at 4,900 as a bullish signal. Strong corporate earnings surprises could be the catalyst, especially in tech and consumer discretionary sectors.