S&P 500 futures stabilized as tech shares rebounded.

In this daily market commentary, Dan Deming discusses the latest developments in the equity index futures markets, focusing on the stability found in S&P 500 futures. Following significant selling pressure in recent sessions, S&P 500 futures stabilized to trade higher near the 7,415 level, despite pulling back from an intraday high of 7,477. Deming highlights key market drivers for the week, including shifts in the interest rate environment, evolving inflation expectations, and stronger-than-anticipated labor data. Traders are also closely monitoring the upcoming SpaceX IPO scheduled for Friday, alongside mid-week CPI and PPI inflation prints. While the Nasdaq-100 futures rebounded 1.5% after experiencing heavy liquidation, the Dow Jones Industrial Average futures remained lower, illustrating sector-specific divergence as the broader market consolidates below its recent all-time highs.