Nasdaq 100 futures extend gains to 0.6%, S&P 500 futures +0.4%

U.S. stock index futures extended gains on Monday, with Nasdaq 100 futures rising 0.6% to 25,075.75, while S&P 500 futures advanced 0.4%. The move follows a mixed week for equities, as markets balanced concerns over escalating Middle East tensions with positive economic data, including resilient labor market readings and services sector growth. According to technical analysis, the Nasdaq 100 futures contract, which tracks the performance of 100 large-cap non-financial companies, has seen increased volatility amid geopolitical risks and shifting investor sentiment toward technology and growth stocks.

Technical analysis suggests the index remains in a "Strong Sell" zone based on moving averages and key support levels, but recent buying pressure indicates short-term optimism. Meanwhile, broader market dynamics, including oil prices easing from $100-per-barrel peaks and expectations of prolonged high interest rates, continue to shape trading strategies. The February nonfarm payrolls report, expected to show modest job gains, has added uncertainty about Federal Reserve policy, with investors weighing the implications for rate-sensitive sectors. Market data shows, the Nasdaq 100's performance relative to the S&P 500 highlights diverging sector strength, as growth-oriented technology stocks outpace broader market averages.

With the March 2026 settlement date approaching, traders are closely monitoring positioning ahead of potential contract rollovers. Market participants remain cautious, balancing near-term momentum with macroeconomic risks, including inflationary pressures and geopolitical developments in the Middle East.