Stock futures are trending upward as investors respond to a rally in chip stocks and stronger-than-expected economic data. Wall Street is set to open with gains, influenced by an optimistic outlook on U.S. retail sales and upcoming earnings from major companies like Netflix. The sentiment in the market remains bullish, buoyed by the recent surge in corporate earnings and macroeconomic conditions supporting further growth. While U.S. stocks show early strength, mixed reactions are observed in global markets, reflecting varied investor sentiment across regions.