Equity Index futures rose as bank and chip earnings boosted sentiment.

Equity Index futures rallied as strong earnings from the semiconductor and banking sectors drove sentiment. Nvidia, Micron and AMD saw gains following Taiwan Semiconductor's report, while Morgan Stanley and Goldman Sachs rose on impressive quarterly results. Economic data supported the move, with weekly jobless claims dropping to 198,000-a nearly two-year low-and regional manufacturing indices soaring. In the options market, volume spiked with a notable shift toward short-term call buying in E-mini Nasdaq-100 and Russell 2000 markets. Meanwhile, CME Group announced plans to expand its cryptocurrency suite with the launch of Cardano, Chainlink, and Stellar futures on February 9, pending regulatory review.