U.S. equity futures rose on Tuesday after the S&P 500 posted a losing session as investors turned cautious ahead of Nvidia’s earnings and a key inflation report due later this week.
Futures for the Dow Jones Industrials vaulted 218 points, or 0.4%, to 53,707.
Futures for the S&P 500 surged 28.75 points, or 0.4%, to 7,698.50.
Investors were taking some risk off the table as they continued to digest last week’s pullback and brace for Nvidia earnings this week. The chip giant’s quarterly report is due on Wednesday after the closing bell.
Futures for the NASDAQ Composite hiked 232.25 points, or 0.8%, to 29,338.
U.S. bond yields continued their decline Tuesday after reports the Treasury Department could use its $1 trillion General Account to fund its plans to ramp up government bond purchases. The U.S. 10-year Treasury was last down more than three basis points at 4.666%.
In Japan, the Nikkei 225 index regained 0.5% Tuesday, while in Hong Kong, the Hang Seng settled 0.02%.
Oil prices sank $2.69 to $82.32 U.S. a barrel.
Gold prices lost $2.20 to $4,695.90 U.S an ounce.
