Nasdaq100 futures are bouncing back after a brief

Nasdaq100 futures are bouncing back after a brief consolidation, registering gains of 50 points in thin pre-market volume. Lower implied volatility could encourage leveraged funds to re-enter long trades. The Eurozone Aug unemployment rate unexpectedly rose by +0.1 to 6.3%, showing a weaker labor market than expectations of no change at 6.2%. Stock futures were flat Friday morning, holding on to Thursday’s record highs as traders balanced AI-fueled momentum with political gridlock in Washington. The government shutdown, now in its third day, has not significantly dampened sentiment, with S&P 500 , Nasdaq 100 , and Dow future s each up about 0.1% before the bell. Nasdaq100 futures rose modestly in early European trade, benefitting from a stronger global risk-on tone after upbeat PMI data from Germany and China. This cross-market support is adding tailwinds to US tech names.