E-mini Nasdaq-100 futures rebound from early losses as housing starts fall.

Earnings and crude oil action drive the markets as the Dow climbs almost 500 points, supported by 3M and Northrop Grumman. E-mini Nasdaq-100 futures recover from a 300-point drop as AI-related tech stocks stabilize ahead of Meta's earnings. Single-family housing starts slump 4.6% to an 859,000 annual rate as 30-year fixed mortgage rates hit 7.4%, tracking higher Treasury yields. In options, short-term E-mini Nasdaq-100 volume remains robust, accounting for 75% of the total, while E-mini S&P 500 implied volatility climbs above 12%. Bitcoin futures trade near $82,500 after early weakness, with Micro Bitcoin futures volume surpassing 60,000 contracts.