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Nasdaq composite futures saw moderate upticks as upcoming
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Nasdaq Composite futures saw moderate upticks as upcoming durable goods orders data could validate optimism in industrial-tech hybrids listed on the index. A positive surprise may widen the rally beyond pure-play software names. In the ISM, New Orders and Business Activity left the most to be desired, coming in at 47.2 and 49.9, a sign of contraction. Last month, these numbers were 56 and 55 respectively. The fire comes amid a series of refinery closures in California that have tightened supply and ahead of a major decision by the Organization of Oil Producing Countries and its allies (OPEC+) this weekend. With Nasdaq Composite futures hovering near recent highs, traders are cautious about potential resistance at 14,