Global Tech Stocks Rebound, Nasdaq Futures Rise Over 1%, WTI Crude Falls 4%, Gold Gains 0.8%

Bitcoin rose 0.6% to $78,259.88 as global technology shares rebounded following a sharp selloff in U.S. tech stocks. Nasdaq 100 futures were up more than 1%, while S&P 500 futures gained 0.53% and Dow futures rose 0.41%. The rebound follows a 3.5% drop in the Nasdaq 100 on Friday, its worst single-day performance since March 2025. The Philadelphia Semiconductor Index fell 7.2% on the same day, as investors reassessed whether AI-related spending can continue to justify valuations. Oil prices declined, easing inflation concerns. WTI crude fell 4.0% to $99.95 per barrel, while Brent crude fell below $109 to $108.99 per barrel. Spot gold rose 0.77% to $3,906.5 per ounce. Market focus remains on U.S. midterm election results and Nvidia earnings due later in November. South Korea's KOSPI rose 2.24%, while Japan's Nikkei 225 fell 0.3%. Kioxia Holdings at one point dropped 17% in Tokyo after issuing a cautious outlook.