In the midday stock index futures market, the rebound in semiconductor stocks is weak, and investors are seen as unlikely to initiate aggressive long positions. The market is expected to remain in a phase of assessing the direction of futures.
In the midday market, movements in stock index futures were limited, and views that semiconductor stocks have weak rebound potential were widespread. Market participants were seen taking a cautious stance toward aggressive long buying, with some pointing to the need to watch for a rise in short-term volatility.
Market participants believe that movements in the semiconductor sector will affect overall sentiment, and said there are few catalysts at present to prompt major position changes. Future market trends may depend on developments in index futures and the direction of semiconductor stocks.