U.S. stock index futures edge higher as the AI boom drives markets to new highs
ChainCatcher news, according to Golden Ten Data, US stock index futures rose slightly, with technology stocks pushing global stock indices to new highs. Previously, OpenAI's equity sale made it the world's most valuable startup, boosting market optimism about artificial intelligence. Marija Veitmane, Senior Multi-Asset Strategist at State Street Global Markets, stated that the technology sector is performing strongly and the market is willing to pay high valuations for it. The release of non-farm payroll data from the US Bureau of Labor Statistics may be delayed, and the money market has almost fully priced in a 25 basis point rate cut by the Federal Reserve at the end of this month.
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