US stock market today: S&P 500, Dow futures gain up to 0.8% as AI rally regains momentum; Cisco jumps 17%
New Delhi, May 14 -- US stock futures indicated a positive start to trading on Thursday, 14 May, as technology stocks continued to support the headline indices, while traders closely monitored developments involving the world's two largest economies.
Futures tied to the tech-heavy Nasdaq 100 Index climbed 0.7%, while those linked to the S&P 500 Index rose 0.2% after both gauges closed at record highs on Wednesday. Futures for the Dow Jones Industrial Average also gained 0.8%.
The tech rally, which had paused earlier, regained momentum as traders continued to believe that the artificial intelligence-driven trade still has room to run. Sentiment strengthened further after Cisco Systems posted strong third-quarter earnings, issued an upbea...
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