Nasdaq Futures Climb on AI Optimism

“If earnings continue to beat expectations and economic data remains supportive, the likely path remains advance, backfill, then advance again,” said Kenny Polcari at SlateStone Wealth.The Labor Department’s report on Thursday showed that the number of Americans filing for initial jobless claims in the past week unexpectedly fell by -9K to a 6-week low of 198K, compared with the 215K expected. Also, the U.S. Philly Fed manufacturing index rose to a 4-month high of 12.6 in January, stronger than expectations ...