US Futures Edge Higher After Record Rally
2026-04-16 00:11
By
Jam Kaimo Samonte
1 min. read
US stock futures edged higher on Thursday following a record-setting session for the S&P 500 and Nasdaq Composite, as optimism over renewed US-Iran negotiations and the prospect of a broader peace deal lifted sentiment.
In Wednesday’s regular trading, the S&P 500 advanced 0.8% while the Nasdaq Composite jumped 1.59%, with the latter marking its strongest 11-day run on record amid a tech-driven rally.
In contrast, the Dow slipped 0.15%.
Gains were led by the technology, consumer discretionary, and communication services sectors, while materials, industrials, and utilities underperformed.
Looking ahead, investors are eyeing a new wave of corporate earnings on Thursday, including reports from Netflix, PepsiCo, and Charles Schwab.
On the data front, markets will monitor weekly jobless claims along with updates on March capacity utilization and industrial production.