After showing a significant advance in the previous session, technology stocks are likely to see further upside in early trading on Thursday. The Nasdaq futures are jumping by 1.1 percent, while the Dow futures are showing a much more modest move to the upside.
Micron Technology (MU) may help lead the tech sector higher, with the chipmaker surging up by 5.2 percent in pre-market trading.
The advance by Micron comes after the company reported better than expected fiscal second quarter results and provided upbeat guidance for the current quarter.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.