Nasdaq 100 Turns Higher as S&P 500 Steadies After Early Dip

U.S. equity benchmarks reversed early weakness on Thursday, with technology shares leading the rebound. Nasdaq 100 futures, which had been in the red at the start of the session, clawed back losses to trade flat before the cash market opened and later lifted the underlying Nasdaq 100 index by roughly 0.2%. The broader S&P 500 also recovered from its initial decline and was little changed in afternoon trading. The move higher in growth stocks followed a cautious opening that had reflected lingering concerns over policy tightening and global growth, but buying in megacap technology shares helped steady sentiment.