US Futures Gain as Traders Balance Mideast Risks With Tech Earnings and Jobs Data

U.S. equity futures moved higher after a recent pullback, with traders balancing renewed Middle East concerns against corporate earnings and upcoming labor-market data. Technology results, including from Broadcom and Snowflake, remained in focus as investors assessed the market’s next catalyst.

At 4:20 p.m. (Bangkok time), contracts tied to the Dow Jones Industrial Average advanced 0.22%, while S&P 500 and Nasdaq-100 futures both added 0.11%, extending the improved tone after major indices recovered in the previous session.

The rebound followed gains in Wednesday’s regular trading, when the Dow rose 295.07 points, or 0.56%. The S&P 500 and Nasdaq Composite each finished nearly 0.5% higher, ending a three-session losing run for all three benchmarks.

Bond-market moves also remained central to sentiment. The 2-year Treasury yield climbed as high as 4.41% on Wednesday, its strongest level since January 2025. The 10-year yield briefly reached 4.818%, the highest since November 2023, before both maturities retreated from intraday peaks.

Energy prices added another inflation-sensitive element for markets. West Texas Intermediate crude futures on Wednesday rose 0.38% to just over $91 a barrel, while Brent crude stayed above $95 a barrel.

Renewed conflict in the Middle East has kept inflation risks in view, but attention is shifting toward employment indicators ahead of key U.S. labor data. Weekly jobless claims are scheduled for Thursday, followed by the August payrolls report on Friday.

On the corporate calendar, Ciena and Campbell’s are expected to report earnings Thursday morning.