Reported 11 days ago
US stock futures experienced a notable increase on Thursday, buoyed by strong economic indicators and a promising earnings report from Micron Technology, which raised its revenue forecast due to high demand for chips used in AI. Additionally, China's commitment to boost its struggling economy through new fiscal measures contributed to the optimistic sentiment, pushing futures for the Dow Jones, S&P 500, and Nasdaq up significantly. Traders also anticipate a potential interest rate cut from the Federal Reserve, further enhancing positive market conditions.
Source: YAHOO