Market Snapshot: Tech rally pushes Nasdaq to record as stocks rebound broadly

U.S. stocks looked set to resume their recent push higher on Thursday, with equity futures rising amid signs the U.S. and China are open to discussing their trade dispute in high-level negotiations, potentially heading off a global trade war.

Traders were also looking ahead to inflation data, which could help steer the Federal Reserve’s interest-rate policies.

What are markets doing?

Futures for the Dow Jones Industrial Average YMU8, +0.58% rose 103 points, or 0.4%, to 24,794, while those for the S&P 500 index ESU8, +0.43% gained 9.40 points, or 0.3%, to 2,783.50. Futures for the Nasdaq-100 index NQU8, +0.43% rose 26.75, 0.4%, to 7,279.75.

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