Market Volatility Continues as US Futures Rise and European Stocks Fluctuate
S&P 500 futures and Nasdaq 100 futures inched higher after a breather in the recent market rally, with Micron's stock surging over 4% in postmarket trading following a strong earnings report. The previous day saw a drop in the S&P 500, Dow, and Nasdaq, marking their worst sessions since September and October, respectively. The market rally, which saw significant gains in major indices, may be experiencing a short-term consolidation phase as investors take profits. Investors are also keeping an eye on upcoming economic data and Nike's earnings report. Additionally, Warner Bros. Discovery and Paramount saw their stocks slide amid reported merger talks between the two companies.