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.



News Stream
US Futures Steady After Tech-Driven Rally
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.
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The US stock market surged toward new records on Thursday, as strength in AI-related companies and optimism surrounding the US-China summit in Beijing helped offset global economic pressures. The S&P 500 climbed 0.8% to cross 7,500 for the first time, and the Nasdaq rose 0.9% to an all-time high of 26,635. The Dow added 0.75%, crossing 50,000 for the first time since February, when the Iran war started. Tech stocks rallied, led by Cisco Systems, which jumped 13.4% after raising its revenue and earnings outlook. Meanwhile, Nvidia jumped 4.4%, extending its monthly rally to 15% after the US cleared 10 Chinese firms to receive H200 chips. The announcement came during President Trump’s visit to Beijing alongside tech CEOs. In the meantime, Treasury Secretary Scott Bessent said the US and China are exploring a mechanism to fast-track select Chinese investment deals, alongside potential tariff reductions on a range of non-critical goods.
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