U.S. stock index futures extended gains on Wednesday, driven by sustained AI momentum and cautious optimism over a U.S.-Iran truce.
A fragile ceasefire remains in place. UBS analysts noted: "The Middle East situation and elevated bond yields may test the global rally."
At 04:42 a.m. ET, Dow E-minis rose 0.39%, S&P 500 E-minis 0.28%, and Nasdaq 100 E-minis 0.45%. Both S&P 500 and Nasdaq hit record highs on Tuesday.
Micron surpassed $1 trillion in market value for the first time. Zscaler shares plunged 21.5%. Goldman Sachs raised its S&P 500 2026 target to 8,000.
