Tech Stocks Drive S&P 500 Higher Amid Mixed Market Conditions

The S&P 500 futures rose by 8 points to 7,793 while Dow futures fell by 99 points and Nasdaq 100 futures gained 139 points.

Tech stocks led the charge on Monday, with SanDisk climbing 7.39% to $1,641.11 and Micron adding 2.30% to $971.66.

This continues a five-session 13% run for Micron, with US opposition to Apple sourcing Chinese memory chips acting as a fresh catalyst.

The rotation is narrow and forceful, with memory and storage names delivering the entire index-level gain while the Dow's industrial and healthcare weightings absorbed the drag from Friday's consumer data.