U.S. stock futures edged higher Friday, extending Thursday's broad rebound after the Federal Reserve raised its benchmark interest rate by a quarter percentage point, its first rate hike in three years. S&P 500 futures rose 0.1% and Nasdaq-100 futures gained 0.3%, while Dow futures slipped 16 points, or 0.03%. Technology shares drove Thursday's gains, with the Dow advancing 0.6%, the S&P 500 rising 1.1% and the Nasdaq Composite climbing 1.7%. Despite the rebound, the Dow remained down 1.5% for the week and was heading toward a third consecutive weekly decline; the S&P 500 was down 0.3%, while the Nasdaq held a 0.3% weekly gain. Brent crude fell about 1.5% to around $103 a barrel, and the 10-year Treasury yield remained just below 4.95%. Asian markets advanced broadly, while European shares declined. Investors were also watching remarks from Fed Governor Michelle Bowman and Kansas City Fed President Jeffrey Schmid for insight into Wednesday's unanimous rate decision. Invesco chief global market strategist Brian Levitt said the current cycle was unlikely to end soon because of higher Fed funds rates or oil prices. UBS Global Wealth Management chief investment officer Mark Haefele said the equity rally could persist for the next six to twelve months, citing strong earnings growth and lower inference costs supporting artificial intelligence adoption.