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U.S. stock futures rose on Thursday following Wednesday’s mixed close. This comes as President Donald Trump is in China addressing key issues such as trade, tariffs, Taiwan, and Iran with Chinese President Xi Jinping.

On Thursday, Xi stressed the significance of the Taiwan issue, terming it as the "most critical matter" in bilateral relations, the South China Morning Post (SCMP) reported, citing state media.

Meanwhile, the U.S. cleared Nvidia Corp.‘s (NASDAQ:NVDA) H200 AI chip sales to Alibaba Group Holding Ltd. ADR (NYSE:BABA), Tencent Holdings ADR (OTC:TCEHY), and 8 other firms, but Beijing has halted the deliveries.

The 10-year Treasury bond yielded 4.46%, and the two-year bond was at 3.97%. The CME Group's FedWatch tool‘s projections show markets pricing a 98.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.26% at $744.21, while the QQQ was higher by 0.39% to $717.47.

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00:09all right futures are green here ahead of thursday's open s&p futures up by 0.35 percent
00:15the dow futures up by 0.83 percent and the nasdaq actually the laggard today but still up by a
00:23quarter of a percent 0.25 percent all right let's take a look at some cues from the last session
00:31here let me go ahead and share the right thing communication services consumer discretionary
00:37and information technology stocks led the s&p 500's gains on wednesday while utilities and
00:43financials ended lower u.s stock futures rose on thursday following wednesday's mixed close
00:49this comes as president trump is in china addressing key issues such as trade tariffs taiwan and iran
00:56with chinese president xi jinping on thursday she stressed the significance of the taiwan issue
01:03terming it as quote the most critical matter end quote in the bilateral relations and the south
01:09china morning post or scmp reported that citing the state media meanwhile the u.s cleared nvidia
01:17ticker nvidia's h200 ai chip sales to alibaba ticker baba and tencent holdings ticker tcehy on the otc
01:27and eight other firms but beijing has halted the deliveries thus far the 10-year treasury bond yielded
01:344.46 percent and the two-year bond was at 3.97 percent the cme group's fed watch tool projections
01:40show that the markets are pricing in a 98.6 percent likelihood that the federal reserve leaves the
01:45current interest rates unchanged during the june meeting now we've got several stocks in focus
01:50here for you today and the first one is the big earnings report from yesterday it is absolutely
01:55cisco cisco huge move here today a huge move by any standards but especially a huge move here for
02:01cisco cisco systems ticker csco soared 18.8 percent in the pre-market on thursday after it announced
02:09better than expected third quarter financial results and raised its fiscal year 26 guidance
02:14cisco systems q3 adjusted eps of 1.06 beat the 1.03 estimate and sales of 15.841 billion beat
02:24the 15.558
02:26billion estimate cisco systems also raises fiscal year 26 adjusted eps guidance from a range of 413 to 417
02:34to a new range of 427 to 429 and that was versus an estimate of 416 big raise there also
02:42raised fiscal
02:42year 2026 sales guidance from a range of 61.2 to 61.7 billion to a new range of 62
02:49.8 to 63 billion and
02:51that was versus the estimate of 61.596 billion the next stock on our list is going to be doximity
02:59the ticker is docs and it plunged 21.46 after reporting mixed fourth quarter financial results
03:07and issuing weak first quarter sales guidance doximity's q4 adjusted eps of 26 cents missed the
03:1528 cent estimate and sales of 145.4 million beat the estimate of 144.07 million doximity sees fiscal
03:25year 2027 sales of 664 million to 676 million and that was versus an estimate of 697.59 million
03:36the next stock on our list is going to be grocery outlet holding and the ticker is go geo it
03:42gained
03:4316.41 after the california-based discount grocer reported first quarter results where earnings per
03:50share beat analyst estimates by 150 percent grocery outlet holdings q1 adjusted eps of five cents beat
03:57the two cent estimate and sales of 1.16 billion beat the estimate of 1.15 billion the next stock
04:05on our
04:06list is going to be precision optics corporation and the ticker on this one is poci shares zoomed 16.96
04:14after posting third quarter revenue of 8.7 million that was more than double the 4.2 million reported
04:21in the same period a year ago the last stock on our list is going to be the big earnings
04:28report of today
04:28it is applied materials the ticker is amat ticker amat and it was 2.01 percent higher as analysts expect
04:36it to report earnings of 266 per share on revenue of 7.68 billion after the closing bell today
04:43one more note in terms of stocks to watch today we also have the new ipo of cerebris coming today
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