US stocks were poised for gains on Thursday, with the Dow leading the advance as the dust settled after Nvidia's solid but disappointing earnings and investors reassessed the prospects for techs. Dow Jones Industrial Average futures were up 0.5% to eye a return to setting record highs. Futures on the tech-heavy Nasdaq 100 rose 0.1%, while those on the S&P 500 moved up roughly 0.2% on the heels of losses for all three gauges.
That started to stir questions as to whether the AI boom has peaked and initially dragged Nvidia's stock down 6%, though the shares are recovering in pre-market trading. Also in focus is a potential rotation out of tech stocks, given the more solid gains for the Dow and the Russell 2000 before the bell. Elsewhere in earnings, Salesforce shares popped after a big earnings beat by the software maker. Results from Best Buy , Gap , and Ulta Beauty are on the docket on Thursday.
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