Stock index futures gained on Thursday, as traders weighed President Donald Trump's latest chip tariffs, softened by sweeping exemptions. S&P 500 futures (SPX) +0.7%, Nasdaq 100 futures (US100:IND) +0.

U.S. stock futures pointed higher on Thursday morning, signaling a continuation of Wednesday’s strong rally, as investor sentiment was lifted by major corporate developments and a new push for domestic manufacturing.

Investors were focused on President Trump's tariff policy on Thursday as the president unveiled plans for new chips tariffs that included exemptions for companies building in the U.S., or that have committed to build.