US stock futures climbed as rising expectations for interest-rate cuts helped carry traders’ newfound optimism into the Thanksgiving break. UK assets held steady ahead of Wednesday’s budget.
The S&P 500 was set to extend a three-day, 3.5% rally marked by broad sector gains. The US benchmark also found technical support by reclaiming its 50-day moving average. Alphabet Inc. rose 1.9% in premarket trading after three consecutive all-time highs. Nvidia Corp. headed for a second daily loss.