S&P 500 Futures Rise on Tech Strength as US Treasury Yields Climb

S&P 500 futures rose 0.12% to 7,883.50 in Asian trading as technology stocks gained strength, with semiconductor shares leading the rally after Marvell Technology raised revenue forecasts and AMD received a price target upgrade from Citigroup, while US Treasury yields climbed across the curve with the 10-year yield reaching 5.3%.