U.S. stock futures were steady on Thursday evening after a strong session that pushed the S&P 500 Index (SPX) and Nasdaq to new record highs. Futures on the Dow Jones Industrial Average (DJIA) and the S&P 500 were down 0.02% and 0.03%, respectively, at 6:21 p.m. EDT on May 14, while the Nasdaq 100 (NDX) futures were up 0.01%.
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New trading tool for QQQ bullsIn the regular trading session, Cisco Systems (CSCO) led a tech rally as the S&P 500 and the Nasdaq closed at new record highs. The Nasdaq rose 0.9%, while the Dow and the S&P 500 each gained 0.8%. The Dow finished above 50,000 for the first time since February 11, and the S&P 500 closed above 7,500.
Looking ahead, investors are watching developments from the ongoing U.S.-China summit, which wraps up Friday.