S&P 500, Nasdaq futures climb as chip stocks stabilize - Reuters

S&P 500 and Nasdaq futures are climbing as chip stocks stabilize and rebound. The Dow, S&P 500, and Nasdaq are all jumping in response to this recovery in the semiconductor sector. These market movements occur simultaneously with reports that Iran and Israel have exchanged strikes. The overall trend shows a positive shift in major indices as chip stocks regain their footing despite the ongoing geopolitical tensions between Iran and Israel.