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Stock market today: US futures rise as techs revive, with Netflix earnings on deck

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Federal Reserve,Corporate Earnings,US Stock Futures

Investors are counting down to earnings from Netflix, the first of the 'Magnificent' group of companies to report.

US stock futures stepped higher on Thursday, eyeing a tech-led comeback as upbeat TSMC results lifted AI hopes and investors braced for Netflix to kick earnings season into high gear. Futures on the S&P 500 and the Dow Jones Industrial Average rose about 0.2% after closing with their latest declines. Nasdaq 100 futures also added 0.2% after tech stocks ended over 1% lower.

The Taiwanese chip giant, seen as a bellwether for the industry, flagged "insatiable" appetite for AI as it posted a quarterly profit beat. All eyes are now on earnings from Netflix, the first of the "Magnificent" group of companies to report. The streaming leader's financial update later Thursday is seen by some as the first real test for stocks this earnings season, given megacap techs are still playing a big part in pushing markets higher.

 

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