September Nasdaq-100 futures navigated a volatile session, initially trading as the weakest of the four major U.S. index futures before mounting a recovery. Market sentiment was influenced by the release of FOMC minutes, which detailed an ongoing debate among Federal Reserve officials regarding the adequacy of current interest rate policy in addressing inflation above the 2% target. Additionally, the inclusion of SpaceX in the Nasdaq-100 index prompted mandatory buying from passive investment funds and ETFs. This significant rebalancing event is being closely monitored for its impact on open interest and hedging activity within Nasdaq-100 futures as market participants adjust their positions to accommodate the new index constituents.