Nasdaq futures rise as Wall Street rebounds; South Korea's Kospi soars 15%: Live updates

Nasdaq 100 futures climbed more than 1% early Friday, extending a sharp Thursday rally that Microsoft led during regular trading. The move higher accelerated after Amazon reported earnings that beat expectations, adding momentum to a rebound across U.S. equity futures. Dow Jones futures also posted gains in pre-market action.

The surge follows Thursday's session, which saw tech stocks drive a broad market recovery. Microsoft's performance during regular hours set the tone before Amazon's after-hours print reinforced bullish sentiment heading into Friday's open. South Korea's Kospi soared 15% in a separate development, though the catalyst for that move was not detailed in the immediate report.

Futures markets pointed to continued strength in growth and mega-cap names as earnings season progresses, with Amazon's results providing the latest validation for traders who bought Thursday's dip.