FX.co ★ US Futures Steady Ahead of PCE Data, Nvidia Earnings

US stock futures were little changed on Wednesday as investors awaited the latest release of the US PCE price index, the Federal Reserve’s preferred inflation gauge. Nvidia’s quarterly results, due after the closing bell, are also in focus for evidence that robust, AI-driven demand remains intact.

Market participants are additionally looking ahead to Fed Chair Kevin Warsh’s remarks at the annual Jackson Hole symposium on Friday, though he is not expected to offer explicit guidance on the central bank’s September policy decision.

In regular trading on Tuesday, the Dow added 0.3%, the S&P 500 climbed 0.32%, and the Nasdaq Composite advanced 0.66%. Technology shares led the gains, with companies tied to AI infrastructure outperforming. The move higher came as long-term Treasury yields eased from recent highs, while softer oil prices helped temper inflation worries.