FX.co ★ US Futures Point to Gains at the Open

U.S. futures showed modest gains on Friday, with contracts for the three leading indexes each rising approximately 0.3%, following fresh record highs in the previous trading session. For the week, both the S&P 500 and the Dow Jones have increased by 0.7%, while the Nasdaq has advanced by 1.5%, buoyed by the Federal Reserve's initial interest rate cut of the year and anticipations of further easing in 2025. Market participants also kept a close eye on a discussion between President Trump and President Xi, seeking any new insights related to trade discussions. Additionally, today marks a significant $5 trillion quarterly triple-witching options expiration, although volatility is anticipated to remain subdued. In corporate developments, FedEx shares climbed roughly 1% in premarket trading, following first-quarter financial results that surpassed market expectations.