Stock Futures Gain as AI Enthusiasm Outweighs Bond Selloff
US stock futures edged higher as investor optimism surrounding artificial intelligence and a strong Micron Technology earnings report countered concerns over a relentless selloff in global government bonds.
S. stock futures advanced even as the selloff in global government bonds showed little sign of easing, with investors weighing enthusiasm for artificial intelligence against a weaker macroeconomic backdrop. Micron Technology's earnings after the bell Wednesday comfortably beat consensus expectations.