On May 8, US stock futures showed a positive trend, with the S&P 500 futures increasing by 0.5% and Nasdaq Composite futures climbing 0.7%. This upward movement follows a volatile trading session where both indices had previously reached record highs before closing lower. Renewed tensions in the Middle East, particularly clashes between US and Iranian forces near the Strait of Hormuz, have raised concerns about energy supplies. US President Donald Trump stated that three US Navy destroyers were attacked but reported no damage to them. Despite these tensions, there are hopes for a broader peace agreement. Additionally, crude oil prices rebounded, with Brent crude reaching an intraday high of $103 per barrel, recovering some losses from earlier in the week. The technology sector continues to show strong performance, with expectations that AI demand will remain robust. Investors are now looking ahead to the release of April's unemployment rate and non-farm payrolls data, which could influence future interest rate decisions by the Federal Reserve.