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Nasdaq futures climb 1% as chip stocks rebound from rout, Trump pushes to keep Iran ceasefire intact

Nasdaq futures rose 1% as semiconductor shares clawed back ground following Friday's heavy sell-off. President Donald Trump urged Israel and Iran to halt fresh fire and uphold a fragile ceasefire, lifting risk sentiment. Brent crude eased back toward $80 a barrel while gold held weekly gains.

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U.S. equity futures opened the week on a firmer footing. Nasdaq 100 futures rose 1% and S&P 500 futures gained 0.6%, with semiconductors leading the rebound after last week's heavy sell-off; Nvidia, AMD and Broadcom advanced between 2% and 4% in premarket trade. The relief reflected easing fears that the Middle East flare-up would derail the rate-cut narrative.

President Donald Trump used an early-morning social media post to urge Israel and Iran to halt cross-fire and respect the weekend ceasefire, calling on both sides to "show restraint." The White House said the United States is continuing mediation efforts and is coordinating with Qatar and Oman, while the National Security Council back-channels remain active.

In commodities, Brent crude eased about 2% over the past 24 hours, slipping back toward $80 a barrel; gold held weekly gains near $2,470 an ounce. The dollar index drifted lower to 105.2 and the 10-year Treasury yield retreated to 4.28%. This article is not investment advice.

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This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by Fa Rivera from Pexels and is not from the original story.

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