After recovering from an initial pullback to end the previous session mostly higher, stocks are likely to see continued strength in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent.
Optimism about the artificial intelligence trade may contribute to strength among tech stocks, as reflected by the 0.6 percent advance by the Nasdaq 100 futures.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.