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$26B SK Hynix (SKHYV) Nasdaq Debut & Key Friday Levels to Watch
Description
Here is the trade setup for the Friday open.
Today's action is defined by a massive structural rotation as capital shrugs off geopolitical noise to pile back into critical technology infrastructure.
🔥 STOCKS TO WATCH
🚀 SK Hynix (SKHYV): Debuting on the Nasdaq today after a historic, record-shattering $26.5B ADR listing.
📈 Micron (MU): Expanding its strategic U.S. capex plan to $250B through 2035.
📊 Delta Air Lines (DAL): Kicking off earnings season with 13% revenue growth but rising fuel and labor expenses.
âš¡ PMGC Holdings (ELAB): Screaming over 17% higher pre-market on subsidiary merger news.
🎯 KEY LEVELS TO WATCH
📉 S&P 500 (/ES): Resistance at 7,600 - 7,625 | Support at 7,571.
📈 Nasdaq 100 (/NQ): Resistance at 29,800 - 30,000 | Support at 29,674.
🔔 Macro: US10Y easing to 4.53% and Dollar Index (DXY) slipping to 100.76, providing a near-term tech tailwind.
Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.