Equity Index futures markets experienced significant dispersion during Friday's session as a rotation back into large-cap technology names unfolded. Russell 2,000 futures faced heavy selling pressure, declining approximately 1.9% to the 2,680 level after reaching all-time highs in the previous two sessions. Similarly, the Dow futures remained under pressure. This move represented a reversal of the recent trend where investors had been rotating into small-cap and industrial names for the better part of the last two months. In contrast, the Nasdaq-100 futures traded higher for a third consecutive session, supported by strength in major technology companies such as Meta and Microsoft. While the S&P 500 remained essentially unchanged on the day, the relative strength in the Nasdaq-100 highlighted a shift in market leadership for the session.