Nasdaq-100 futures are rallying, driven by a significant rebound in semiconductor stocks after a sharp sell-off in the previous session. Chipmakers like SK Hynix are seeing strong buying interest in the pre-market. This sector-specific recovery comes as the broader market is cautious due to rising geopolitical tensions. Investors are positioning for the June Consumer Price Index (CPI) report, which is expected to show a decline in monthly inflation, a potentially positive signal for growth and tech stocks.