empty
 
 

2026.05.1400:19:24UTC+00US Futures Edge Higher After Tech-Led Rally

US stock futures inched higher on Thursday after the S&P 500 and Nasdaq Composite closed at new record highs, driven by continued strength in technology shares, as investors awaited President Donald Trump’s meeting with Chinese President Xi Jinping. In Wednesday’s regular session, the S&P 500 gained 0.58% and the Nasdaq advanced 1.2%, while the Dow Jones slipped 0.14%. These moves came despite fresh data showing that US producer prices in April rose at the fastest pace since 2022, reinforcing expectations that the Federal Reserve may maintain a hawkish policy stance. Technology stocks remained the primary engine of the rally, with notable gains from Micron Technology, Nvidia, Tesla, Apple and Alphabet. In after-hours trading, Cisco Systems jumped nearly 20% after reporting stronger-than-expected quarterly results and unveiling plans to cut almost 4,000 jobs. Meanwhile, Doximity sank 18% following weaker-than-expected earnings.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback