U.S. stock index futures jumped on Thursday as shares of Microsoft and Meta Platforms surged after strong quarterly results from both the Magnificent Seven heavyweights pointed to a still-strong outlook for the technology sector.

U.S. stock futures were higher on Wednesday, as investors parsed fresh corporate earnings from technology firms like Meta Platforms and Microsoft. Futures tied to the S&P 500 added 0.5%, while Nasdaq 100 futures climbed 0.8%. Dow Jones Industrial Average futures advanced 67 points, or 0.1%.