The Nasdaq-100 futures market moved higher today, trading up approximately 1.25% and hovering near all-time highs, closing just shy of the October 8th record close of 25,331. This rally has allowed the market to recoup some of the selling pressure experienced over the last couple of weeks. The positive momentum was driven by a sentiment shift and carryover from better-than-expected corporate earnings reports last week, with expectations for further strong results this week.3 The session saw support from several big-name technology stocks, including Alphabet, Apple, Amazon, Meta, and Tesla, which all traded higher. The rally extended to the broader market, with all major equity averages up over 1%, and the Russell 2000 futures up almost 2% on the session.