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Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings

Published . Updated .

Covered by 3 outlets: The Mighty 790 KFGO, Reuters, Central Oregon Daily.

Who covered it: Center 1 · Not rated 2. How we rate outlets

Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings

Oct 28 (Reuters) - Futures tied to the tech-heavy Nasdaq rose on Wednesday, buoyed by memory-chip stocks after SK Hynix's bumper results, with investors now looking to a slate of key earnings as the next test of AI trade, alongside the Federal Reserve'...

Directly affected

  • SKHY SK hynix

    Named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF+2.2% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story.

  • SOXX iShares Semiconductor ETF+1.8% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story.

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • QQQ Invesco QQQ+1.7% 18d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • JPM JPMorgan Chase-3.8% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-12.5% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • AVGO Broadcom+0.9% 30d

    Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.

  • ASML ASML Holding N.V-8.0% 30d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SKHY-1.40%-5.65%baseafter closeafter closeafter closeafter close
SMH-0.22%-5.49%baseafter closeafter closeafter closeafter close
SOXX-0.17%-6.36%baseafter closeafter closeafter closeafter close
TLTNo price data for this ticker———————
QQQ+0.56%-2.36%baseafter closeafter closeafter closeafter close
JPMNo price data for this ticker———————
BACNo price data for this ticker———————
AVGO-1.34%-6.05%baseafter closeafter closeafter closeafter close
ASML+2.55%-3.89%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings The Mighty 790 KFGO

Source: The Mighty 790 KFGO

Vaneck Etf Trust (SMH) compared with technology stocks (XLK) since 28 Oct 2026

CompanyWhenMoveStatus
Asml Holding (ASML)three days earlier-3.89%final price
Asml Holding (ASML)five days earlier+2.55%final price
Broadcom (AVGO)three days earlier-6.05%final price
Broadcom (AVGO)five days earlier-1.34%final price
QQQthree days earlier-2.36%final price
QQQfive days earlier+0.56%final price
SKHYthree days earlier-5.65%final price
SKHYfive days earlier-1.40%final price
Vaneck Etf Trust (SMH)three days earlier-5.49%final price
Vaneck Etf Trust (SMH)five days earlier-0.22%final price
Ishares Tr (SOXX)three days earlier-6.36%final price
Ishares Tr (SOXX)five days earlier-0.17%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Vaneck Etf Trust (SMH) on one side of this semiconductors story

Companies mentioned with this story

  • SMH Vaneck Etf Trust

    In “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story

  • SOXX Ishares Tr

    For “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Ishares Tr (SOXX) is linked, with no stored direction, medium confidence. Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story

  • TLT Ishares Tr

    For “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • JPM Jpmorgan Chase

    For “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • BAC Bank Of America

    For “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • AVGO Broadcom

    In “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story

  • ASML Asml Holding

    Asml Holding (ASML) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings.” Reason on file: ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story

  • NVDA Nvidia

    In “Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings,” Nvidia (NVDA) is linked, with no stored direction, medium confidence. Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story

How semiconductors news reaches Vaneck Etf Trust (SMH)

“Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings” (28 Oct 2026) reaches Vaneck Etf Trust (SMH) through Semiconductors.

For Vaneck Etf Trust (SMH), the reason on file says VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story

Also listed, Ishares Tr (SOXX): iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story

Dates and price levels for Vaneck Etf Trust (SMH)

SMH traded between 520.59 and 639.33 across 20 sessions. The latest close on file is 557.77. SOXX traded between 472.27 and 596.41 across 20 sessions. The latest close on file is 511.09. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.

How solid the semiconductors case looks

62 out of 100

“Nasdaq futures rise as SK Hynix boosts chips before Fed decision, earnings” scores 62 out of 100. The score uses 3 sources, and 8 linked companies.