E-mini Nasdaq-100 futures rebound off lows as housing hits 16-year low.

E-mini Nasdaq-100 futures recovered well off session lows as market participants digested leadership changes at Nvidia alongside gains in rival technology stocks. Economic data showed existing home sales falling to their lowest level in more than 16 years as mortgage rates reached highs last seen around 2000, while weekly jobless claims ticked up to 200,000 ahead of the PPI release. Meanwhile, equity index volatility moderated with active put volume in E-mini S&P 500 and E-mini Nasdaq-100 options, and over 50,000 Micro Bitcoin futures contracts traded as bitcoin pulled back to $71,200.