Stock Futures Surge Friday: Tech Shares Rally as Bitcoin Stabilizes Above $66K After Wild Ride

After a tough three-day slide, stock futures are pointing higher on Friday. This rebound comes as tech shares show strength and following a sharp overnight drop. Investors welcome the breather after a week filled with worries about tech giants and crypto volatility.

Stock Futures Climb Across the Board

Dow Jones Industrial Average futures are up 233 points, a gain of 0.5%. S&P 500 futures rise 0.6%, and Nasdaq 100 futures jump 0.7%. These moves suggest the market could end the week on a high note despite recent pain.

The previous session was rough. The Nasdaq Composite fell 1.6%, dragged down by tech woes. Qualcomm dropped 8.5% after earnings. The Dow and S&P 500 each lost 1.2%. For the week, the S&P 500 and Nasdaq are down about 2% and 4%. The Dow stays flat.

• Dow futures: +0.5%
• S&P 500 futures: +0.6%
• Nasdaq 100 futures: +0.7%

Tech Stocks Mixed but Mostly Higher

Tech shares are popping despite some setbacks. Amazon sank 7% after earnings missed expectations slightly. The company also warned of $200 billion in capital spending this year. But Reddit soared 9% on strong earnings, good guidance, and a buyback plan.

Other big names recover. Nvidia climbs 3%, and Microsoft gains nearly 1% after double-digit weekly drops. Software stocks struggle, though. The iShares Expanded Tech-Software Sector ETF (IGV) falls another 5%, down over 11% this week. That’s the worst weekly drop since 2008. Fears grow that AI could disrupt software firms.

The Roundhill Magnificent Seven ETF (MAGS) hit $62.82, its lowest since October 10. It’s down more than 9% from its peak. Amazon’s after-hours drop adds pressure.

After 16% Plunge

Friday, up 4% above $66,000. It tumbled 16% overnight, dipping below $61,000. This crypto leader’s bounce matches the stock rebound, showing linked markets.

Why the drop? Broader risk-off mood hit all assets. Tech selloffs and earnings misses fueled fears. Silver futures also fell, popular with retail traders. But bitcoin’s quick recovery signals resilience. As stocks rally, crypto follows, hinting at growing ties between traditional finance and blockchain.

For crypto fans, this moment is key. It avoids deeper panic after recent highs. Watch for support at $66K. A hold here could spark a rally. Ties to tech stocks like Nvidia (big in AI and crypto mining) make this rebound bullish for blockchain.

Other Market Movers

Hims & Hers drops in premarket after Novo Nordisk threatens legal action. Hims plans a cheap copy of Novo’s weight loss pill. Shares fell 6.7% premarket after a wild Thursday.

In Europe, the Stoxx 600 dips 0.1%. Stellantis plunges 20% on a $26 billion business reset. Orsted rises 5% on earnings.

Extended trading sees more action. Futures dipped briefly after 6 p.m. ET but overall trend is up.

What’s Driving the Rebound?

Investors feel nerves, as one expert noted: “People are on tenterhooks, waiting for the crack.” Tech disappointment and AI fears weigh heavy. But Friday’s pop shows buying on dips.

Bitcoin’s role grows. Its above $66K eases crypto collapse fears. With stock futures surging, expect more inflows to risk assets. Nasdaq’s rough week rivals April’s tariff rout.

Insights for Crypto and Stock Investors

This week highlights market links. Tech slides hit crypto hard, but rebounds lift both. Bitcoin acts like a risk barometer. As , watch crypto for confirmation.

Key levels:

1. Bitcoin: Support at $66K, resistance at $70K.
2. Nasdaq: Eyes weekly close above key averages.
3. S&P 500: Back in red for year, needs hold above 5,800.

AI threat to software? Real, but Nvidia gains show winners emerge. Blockchain benefits from compute demand for mining and DeFi.

Outlook: Bullish End to Volatile Week

Stock futures surge sets up positive close. and signal risk appetite returns. Stay tuned for earnings and Fed hints. For crypto holders, this dip was a buy chance. Markets love volatility—expect more swings ahead.

Track bitcoin price live and stock futures for next moves. This rebound could kick off stronger 2026.

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