Nasdaq tech stocks to power Wall Street rally on reports of UK trade deal, easing of chip restrictions

  • Nasdaq tech stocks are expected to power a further Wall Street rally on Thursday, boosted by Donald Trump confirming that a trade agreement has been struck with the UK and reports that his administration will end chip export restrictions. US stock futures are also pointing to a strong session ahead, with Nasdaq futures up 1.4%, those for the S&P 500 up 1% and for the Dow Jones 0.85%.