US Futures Steady After Tech-Led Rally

2026-07-10 00:15 By Jam Kaimo Samonte 1 min. read

US stock futures were little changed on Friday after the major indexes advanced in the previous session, supported by a strong rally in semiconductor stocks.

During Thursday's regular session, the S&P 500 and Nasdaq Composite rose 0.81% and 1.3%, respectively, with both benchmarks remaining on track to post weekly gains.

The Dow Jones also added 0.27%.

Sentiment toward AI-related stocks has been volatile in recent weeks amid concerns over elevated valuations, though optimism was boosted by robust demand for SK Hynix's US share offering, which was oversubscribed by more than seven times.

Leading Thursday's gains were Micron Technology (4.5%), Sandisk (7.6%), and AMD (5.7%).

Stocks also drew support from easing oil prices as investors welcomed signs that the US and Iran will continue peace negotiations despite the recent escalation in hostilities.



News Stream
US Futures Steady After Tech-Led Rally
US stock futures were little changed on Friday after the major indexes advanced in the previous session, supported by a strong rally in semiconductor stocks. During Thursday's regular session, the S&P 500 and Nasdaq Composite rose 0.81% and 1.3%, respectively, with both benchmarks remaining on track to post weekly gains. The Dow Jones also added 0.27%. Sentiment toward AI-related stocks has been volatile in recent weeks amid concerns over elevated valuations, though optimism was boosted by robust demand for SK Hynix's US share offering, which was oversubscribed by more than seven times. Leading Thursday's gains were Micron Technology (4.5%), Sandisk (7.6%), and AMD (5.7%). Stocks also drew support from easing oil prices as investors welcomed signs that the US and Iran will continue peace negotiations despite the recent escalation in hostilities.
2026-07-10
The Dow Jones Index Closes 0.18% Higher
The Dow Jones Index went up by 96 points or 0.18 percent on Thursday to close at 52444 points. The rise was led by Cisco Systems (3.77%), American Express (2.94%) and Goldman Sachs (2.51%). On the downside, the weakerst performers were Salesforce (-2.73%), IBM (-2.41%) and J&J (-1.63%).
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US Stocks Finish Higher
US stocks closed higher on Thursday, with the S&P 500 rising 0.8%, the Nasdaq advancing 1.3%, and the Dow Jones adding 139 points. Renewed strength in chipmakers helped offset uncertainty surrounding the economic outlook. Sentiment towards AI-linked stocks has been volatile lately amid concerns over high valuations, but was buoyed by strong demand for SK Hynix's US share offering, which was more than seven times oversubscribed. Micron and Sandisk gained 5.2% and 7.6%, respectively, while Applied Materials rose 3.2%. At the same time, oil prices and bond yields eased amid signs of continued tanker traffic through the Strait of Hormuz despite renewed US-Iran hostilities. This provided a boost to the financial sector, with Morgan Stanley (1.9%), Goldman Sachs (2.6%) and American Express (3.1%) all rising. Meta surged 4% after announcing it will target production of its own AI chip by September.
2026-07-09