S&P 500 Index: Comcast Jumps, Tech Stocks Gain as Ceasefire Holds
U.S. equity futures are firmer as investors buy the dip in tech after last week’s sharp selloff, with Nasdaq-100 futures up 1.2% and S&P 500 futures up 0.9%. The article highlights a fragile U.S.-Iran ceasefire that is helping sentiment, even as renewed strikes and higher oil prices keep risk appetite cautious. The S&P 500 is being guided by the 50-day moving average, with traders watching 7,449.19 as the key short-term pivot and support below at 7,357.25 and 7,292.25. Company-specific catalysts are driving moves: Comcast surged on a planned media/telecom split, Charter jumped on a reported SpaceX mobile partnership, Rocket Lab rose on its Iridium acquisition, and Oracle bounced after last week’s steep drop. Overall tone is cautiously bullish, with the market trying to stabilize after a concentrated tech-led correction.