U.S. stock index futures hovered near all-time highs on Thursday on optimism over an initial U.S.-China trade deal and a positive start to the fourth-quarter earnings season.
The deal eased a worry that had kept investors on edge for over a year and helped them focus on quarterly earnings. Shares of semiconductor stocks, including Micron Technology Inc and Advanced Micro Devices Inc , were up about a percent after a promising outlook from the world's top contract chipmaker TSMC pointed to a recovery in the chip sector.
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