US Futures Steady After Tech-Driven Rally
2026-05-15 00:02
By
Jam Kaimo Samonte
1 min. read
US stock futures were broadly unchanged on Friday after major equity benchmarks surged to fresh record highs in the previous session, driven by strong gains in technology shares.
During Thursday’s regular trading, the S&P 500 and Nasdaq Composite advanced 0.77% and 0.88%, respectively, with both indexes closing at new all-time highs.
The Dow Jones Industrial Average also climbed 0.74%, reclaiming the key 50,000 mark.
Technology stocks led the rally, with Cisco Systems soaring 13.4% after lifting its revenue and earnings guidance.
Nvidia also jumped 4.4%, extending its monthly gain to 15% after the US approved shipments of H200 chips to 10 Chinese companies.
The move came during President Donald Trump’s visit to Beijing alongside leading tech executives, as the US-China summit helped ease concerns over mounting global economic headwinds.
In after-hours trading, Cerebras rose 6% following the artificial intelligence chipmaker’s stock market debut.