US Stocks Rebound as Bitcoin Surges Past $80,000

The US stock market is experiencing a cautious recovery in pre-market trading on August 25th. Futures tied to the Dow, S&P 500, and Nasdaq 100 are collectively rising.

Nasdaq 100 futures have increased by 0.77%, while Dow 30 futures have gained 0.43% and S&P 500 futures added 0.37%. Memory chip stocks such as Seagate Technology, SK Hynix, SanDisk, Western Digital, and Micron Technology are rebounding after a decline in the previous session.

Optical communication stocks like Applied Optoelectronics, Lumentum, Coherent, and Corning have strengthened in pre-market trading. DICK'S Sporting Goods has dropped over 16% due to disappointing quarterly results and lowered outlook for Foot Locker.