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Market Snapshot: Stock market set to extend records, led by Facebook

U.S. stock-index futures pointed to a higher open on Thursday, with major indexes looking set to extend their push into record territory, supported by the latest round of positive corporate results.

In particular, Facebook Inc.FB, +0.20% rallied in premarket trading a day after the social media giant posted results that beat quarterly earnings expectations. The company could be nearing a $500 billion market cap if shares maintain their strength throughout the session. The stock has already jumped more than 40% thus far this year.

Futures indicated U.S. stock markets are likely to hold at the record levels reached in the prior session.

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