Investing nasdaq futures early market action shows NASDAQ

Early market action shows NASDAQ futures climbing 0.4%, led by pre-market surges in key growth stocks. Investors are monitoring US labor market data for signs of a potential rate cut scenario by Q Keith Speights has positions in Ares Capital, Energy Transfer, and Pfizer. The Motley Fool has positions in and recommends Pfizer. The Motley Fool has a disclosure policy . The New York Fed's Empire State Manufacturing Index slid 21 points to a -8.7 reading, the first negative print since June and well below the Dow Jones estimate for 4.5. Readings below zero represent contraction. Investing NASDAQ futures gained momentum after a softer PPI reading reinforced the Fed’s policy easing outlook. Traders now price in a 65% probability of a September rate cut, which could further lift tech valuations.