A.M. Update

S&P futures are up 0.4%. After being a drag on the market yesterday, large tech names are driving the gains in futures this morning. There are also some stock-specific catalysts behind the move this morning, with Intel (INTC +30%) up tremendously on news that NVIDIA (NVDA +2.5%) will invest $5 billion in Intel’s common stock. In Washington, Politico reports that the…