U.S. stock futures mixed ahead of Nvidia earnings, PCE data

S. stock futures were mixed on Wednesday, as the Dow Jones index rose, while the S&P 500 and Nasdaq 100 indices slipped, following Tuesday’s higher close. Alongside Nvidia Corp. ‘s (NASDAQ: NVDA ) high-stakes second-quarter earnings report after the closing bell, investors are braced for a heavy slate of macroeconomic data before the open, including July durable goods orders, the second estimate for second-quarter GDP, and key consumer spending and PCE inflation metrics, all due before the opening bell.

S. has begun returning personnel to diplomatic posts in Lebanon, Israel, and Saudi Arabia. 19%. 1% likelihood of the Federal Reserve hiking the current interest rates during its September meeting.

01% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Wednesday. 83. Read Also: Warren Buffett-Style Cash Flow Stocks Could Face Heavy Downside in OpenAI Era, Warns Dwarkesh Patel Stocks In Focus Zoom Communications Zoom Communications Inc. 20% despite reporting better-than-expected financial results for the second quarter but issuing a soft guidance for the third quarter.

’s Edge Stock Rankings indicate that ZM maintains a strong price trend in the short, long, and medium terms, with a moderate value score. Intuit Intuit Inc. 74% despite reporting upbeat fourth-quarter financial results but issuing FY27 guidance below estimates. ’s Edge Stock Rankings indicate that INTU maintains a weak price trend in the long term but strong trend in the short and medium terms, with a moderate growth score.

Semtech Semtech Corp. 91% higher after the company reported better-than-expected second-quarter financial results and issued third-quarter guidance above estimates. ’s Edge Stock Rankings indicate that SMTC maintains a strong price trend in the long term but a weak trend in the short and medium terms, with a poor growth score. Datavault AI Datavault AI Inc.

75% after Nasdaq granted it an extension to regain compliance by Feb. 22, 2027. ’s Edge Stock Rankings indicate that DVLT maintains a weak price trend in the long, short, and medium terms. Nvidia NVIDIA Corp.

01 billion after the closing bell. ’s Edge Stock Rankings indicate that NVDA maintains a strong price trend in the short, long, and medium terms, with a solid quality score. Read Also: Stock Market: Will S&P 500 Open Up or Down Today? S.

stocks settled higher with the Dow Jones gaining over 150 points for its third straight win amid falling Treasury yields. S. stock market. In their Weekly Market Commentary, Jeff Buchbinder, Chief Equity Strategist for LPL Financial, noted that an improving earnings outlook helps offset potential headwinds like interest rate volatility and geopolitical risks.

” While the technology sector and artificial intelligence remain primary growth catalysts, LPL Financial emphasizes that earnings strength has widened across the broader market. From a macroeconomic perspective, LPL expects “resilient economic growth” alongside lower oil prices and ebbing inflation over time. 5% range by year-end, which should help prevent interest rates from creating a larger headwind for equities. Overall, LPL Financial maintains an optimistic stance on stocks, concluding that “a supportive fundamental backdrop raises the floor” for market performance through the remainder of the year.

Upcoming Economic Data Here’s what investors will be keeping an eye on Wednesday. m. ET. 21 per barrel.

39 per ounce. S. 9230 level. 57 per coin over the last 24 hours.

Asian markets were mixed on Wednesday, as Australia’s ASX 200, South Korea’s Kospi, and India’s Nifty 50 indices fell. Hong Kong’s Hang Seng, China’s CSI 300 and Japan’s Nikkei 225 indices rose. European markets were also mixed in early trading. Read Also: Shay B