Okay kiddo, have you heard of the stock market? It's like a big store where people can buy and sell tiny pieces of ownership in different companies.
Now, the Nasdaq is a place within the stock market where technology companies can sell their pieces of ownership.
Futures, on the other hand, are like bets that people make on whether they think the price of something will go up or down in the future.
So, Nasdaq futures are bets that people make on whether they think the price of these technology company pieces of ownership will go up or down at a certain time in the future.
These bets are important because they help people make decisions about whether they should buy or sell these pieces of ownership, and this can impact the overall stock market and economy.