After a rate-cut rally, markets stalled as attention shifted to U.S.-China trade talks. Stock futures for Dow Jones, S&P 500, and Nasdaq 100 were flat. Small-caps led Thursday’s gains, with Russell 2000 up 2.5% to a record high. Tech stocks surged, with Intel benefiting from Nvidia’s $5 billion investment partnership.

Read more at Dow Jones & Company: Stock Futures Stall After Rate-Cut Rally Pushes Markets to Record Highs. Trump’s China Talks in Focus.