Market Trends and Stock Performance

U.S. stock futures indicate a recovery with both the Dow and NASDAQ poised to open significantly higher, following a tumultuous trading week. Despite the overall recovery sentiment, the NASDAQ is on track to record a second consecutive week of losses, reflecting a larger rotation out of tech stocks and into smaller capitalizations. The Russell 2000 stands out, holding onto its positive momentum with nearly 2% gains week-to-date, signaling a possible shift in investor focus. Analysts are closely monitoring key economic indicators, including PCE, personal income, and consumer sentiment, suggesting that forthcoming data could have profound implications for market direction.