US Futures Gain as Nvidia and Microsoft Push AI Advances
US stock index futures climbed on Monday as Nvidia and Microsoft unveiled new AI capabilities for personal computers. While geopolitical tensions between the US and Iran pushed oil prices higher, investors remain focused on upcoming jobs data and the Federal Reserve policy meeting later this month.
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United States stock index futures rose Monday morning as NVIDIA CORP and MICROSOFT CORP sparked an artificial intelligence rally. S&P 500 futures gained 0.23% following record closes in May despite escalating tensions with Iran. Investors are weighing AI-driven growth against rising inflation fears and a near 70% chance of a one-quarter-point interest rate hike this year.
