US Futures Hold Firm Following Record Rally

US stock futures held steady on Thursday after the S&P 500 and Nasdaq Composite closed at fresh record highs in the previous session, buoyed by hopes that the US and Iran were moving closer to an agreement to end the war. Reports suggested the two sides were nearing a one-page, 14-point memorandum of understanding to end the war and potentially reopen the Strait of Hormuz, while establishing a framework for more detailed nuclear talks. In regular trading on Wednesday, the S&P 500 and Nasdaq Composite jumped 1.46% and 2.02%, respectively, while the Dow gained 1.24%. Nine of the 11 major S&P sectors finished in positive territory, led by gains in industrials, technology, and communication services. Strong corporate earnings continued to underpin market sentiment, particularly among AI-related companies that remained at the forefront of the rally. Investors are now awaiting more earnings reports on Thursday, including results from McDonald’s, Gilead Sciences, and Airbnb, among others.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





