(Il Sole 24 Ore Radiocor) - Milano, 27 mag - US futures were higher pointing to more gains for tech stocks as investors tracked developments in the Iran war.

Wall Street ended mostly higher yesterday as the AI-driven rally boosted the S&P 500 and Nasdaq to new record highs, closing up 0.6% and 1.2% respectively. The Dow finished down 0.2%.

With the Strait of Hormuz still closed, investors drew heart from comments from US president Donald Trump that talks with Iran on a peace deal were 'proceeding nicely' and that strikes yesterday in southern Iran had been merely 'self-defense'. But secretary of state Marco Rubio injected a word of warning saying any deal would probably take a few days to formalize.

Oil slipped back, falling more than 2% to around 97 dollars per barrel.

The AI rally meantime has switched focus to memory chipmakers with Micron Technology surging yesterday to become a 1-trillion dollar company for the first time.

In premarket trade today, Marvell Technology shares jumped more than 6% ahead of its earnings after the closing bell.

Shares in Zscaler slumped 25% after the cybersecurity company issued a cautious full-year outlook.

Futures on the Dow Jones were up 81.00 points, or 0.16%, S&P 500 futures were up 20.50 points, or 0.27%, while futures on.

the Nasdaq were up 205.50 points, or 0.68%.

(RADIOCOR) 27-05-26 14:03:08 (0347) 5 NNNN