US stock futures rally on Middle East peace hopes, AI optimism

reuters

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May 6 (Reuters) - Wall Street futures rose ​on Wednesday, extending a strong run on hopes of a potential U.S.-Iran peace agreement ‌and unrelenting optimism around artificial intelligence.The rally, which propelled the S&P 500 (.SPX) , opens new tab and the Nasdaq Composite (.IXIC) , opens new tab to record highs on Tuesday, showed few signs of easing after Advanced Micro Devices (AMD.O) , opens new tab forecast second-quarter revenue above expectations, driven ​by robust demand for its data-cen