US equity futures climbed on Thursday, with S&P 500 contracts gaining 0.5% as strength in select technology heavyweights offset broader market caution.
The rally came even as geopolitical tensions in the Middle East remained elevated, suggesting investors are prioritizing corporate earnings momentum over macro risks for now.
In contrast, Meta Platforms fell 10%, illustrating the sharp divergence in Big Tech performance that is currently defining market sentiment.
Microsoft led the advance, jumping 10% following a strong quarterly report that highlighted robust cloud growth.
The tech giant’s results have helped bolster investor confidence in the return on artificial intelligence investments, providing a clear catalyst for the session’s upside.
In contrast, Meta Platforms fell 10%, illustrating the sharp divergence in Big Tech performance that is currently defining market sentiment.
The recovery follows a period of volatility triggered by the Federal Reserve’s decision to hold rates steady.