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US stock futures climb on AI shares
U.S. stock futures rose, supported by gains in artificial intelligence-related companies' shares, amid expectations that the warring parties in the Middle East may be open to reaching a settlement. Meanwhile, a nearly 2% decline in oil prices led to a drop in Treasury bond yields, as investors awaited statements from Federal Reserve officials regarding the trajectory of interest rate hikes. The market also experienced strong increases in the shares of tech companies, including Intel, Meta, and Accenture, following an investment partnership. Additionally, all eyes are on a U.S.-China summit to discuss the extension of the trade ceasefire and developments in artificial intelligence.
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