Spy 500 futures opened mildly positive
SPY 500 futures opened mildly positive, trading near 4,918, as overnight Asian market gains added risk-on sentiment. Technical analysts see resistance at 4,940 and support resting at 4, The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.13% at $670.11, while the QQQ advanced 0.16% to $606.69, according to Benzinga Pro data. Wall Street was unfazed by the shutdown as the AI-led optimism led the markets higher, even as most S&P 500 sectors declined on Thursday, information technology and communication services advanced. Sector rotation into growth names has amplified bullish momentum, aided by a weaker dollar.
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