Stock futures rose on Wednesday, as investors anticipated the quarterly results from the leading AI firm Nvidia. Meanwhile, oil prices experienced a decline, and 10-year Treasury yields also decreased, although they remain near 16-month highs. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average recorded gains of 0.7%, 0.3%, and 0.2%, respectively, in the most recent trading session. Yesterday, major stock indexes experienced a decline, with the S&P 500 and Nasdaq Composite closing lower for the third consecutive session. The 10-year Treasury yield, a crucial factor influencing interest rates on mortgages and various consumer loans, recently recorded a level below 4.65%, marking a decrease from the prior day’s closing figure that surpassed 4.67%.

Earlier Tuesday, it reached 4.69%—the highest intraday level since January 16, 2025. Oil prices experienced a slight decline yesterday and continued to retreat on Wednesday, following reports that three oil tankers navigated the Strait of Hormuz overnight. West Texas Intermediate futures, the U.S. crude oil benchmark, saw a decrease of 2.3%, concluding at $101.70 per barrel. Meanwhile, front-month contracts of Brent crude, recognized as the global benchmark, decreased by 2.5%, reaching $108.55. Gold futures experienced a decrease of 0.3%, concluding at $4,495 per ounce. Bitcoin was trading around 77,400, reflecting a modest increase over the past 24 hours.

The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, held steady at 99.34. Investors will direct their focus toward Nvidia today. The world’s most valuable public company, which entered Wednesday with a market capitalization of about $5.34 trillion, is poised to unveil its highly anticipated quarterly results following the market’s close. Shares saw a rise of 1.8% in premarket trading. The majority of Nvidia’s Magnificent Seven counterparts indicated an upward trend before the market opened, following a day where all but Apple closed in the red on Tuesday.

Following the earnings announcements, shares of VF Corp., the parent company of The North Face and Timberland, saw a significant rise of 6%. Target experienced an increase of 2%, whereas Hasbro noted a modest rise. Conversely, Lowe’s encountered a contraction of 2%, while Analog Devices saw a reduction of 1.5%. TJX was also scheduled to report results before the market opened, while Intuit was expected to do so after the market closed.