Market Rebounds as Tech Stocks Tumble and Carnival Cruise Line Surges

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly after hours. The stock market rally had a mixed session, with the Nasdaq composite rising slightly but paring intraday gains. Several software stocks, including HubSpot, MongoDB, Datadog, Snowflake, Palantir Technologies, Dynatrace, Confluent, Samsara, Monday.com, and Shopify, flashed buy signals. Micron Technology reported earnings that were slightly better than expected, but cited China curbs on its chips as a significant headwind. Nvidia and Advanced Micro Devices showed resilience following reports of potential tighter chip export curbs to China. The market rally is in a Catch-22 situation, raising risks for new buys in the short run.