US Stock Futures Surge on Tech Gains, Fed Hopes
US Stock Futures Surge on Tech Gains, Fed Hopes

US Stock Futures Surge on Tech Gains, Fed Hopes

News summary

U.S. stock futures rose across all major indexes, approaching or surpassing record highs, driven by strong performances in technology shares such as Nvidia, AMD, and Micron, which benefited from robust AI-related demand. QuantumScape shares surged 31%, and Nvidia reached a new all-time high. Investor optimism has increased amid speculation that Donald Trump may announce an early replacement for Federal Reserve Chair Jerome Powell, potentially shifting policy in a more dovish direction. Economic data showed the U.S. economy contracted more than expected in Q1, but durable goods orders and initial jobless claims offered some positive signals. Easing geopolitical tensions, particularly in the Middle East, contributed to positive sentiment, while global markets remained mixed. U.S. Treasury yields fell as investors anticipated possible Fed rate cuts by year-end.

Story Coverage
Bias Distribution
67% Left
Information Sources
0de89078-8bc1-4dae-b16e-c0e6d67fee74daae85f0-2883-42fc-b085-888140adf30d26c1ab4c-0cda-4fa5-9f92-54f9ba6112f9
Left 67%
Right 33%
Coverage Details
Total News Sources
3
Left
2
Center
0
Right
1
Unrated
0
Last Updated
6 days ago
Bias Distribution
67% Left
Related News
Daily Index

Negative

25Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News