US Stock Futures Rise as AI Trade Regains Momentum

US equity futures moved higher as the artificial-intelligence trade regained momentum and investors waited for results from the US midterm elections. Most Asian markets also posted gains in early trading.

Nasdaq 100 futures rose 0.2%, following a 0.7% gain in the index during the New York session. S&P 500 futures added 0.1%.

The MSCI Asia Pacific Index gained 0.3%, while South Korea’s Kospi climbed 2.9%.

Sources: Bloomberg Markets.