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Stock futures rose Wednesday, boosted by sharp gains in CoreWeave and a rebound in Nvidia following back-to-back losing sessions for the chipmaker.
Futures for the Dow Jones Industrials were in the plus column 76 points, or 0.2%, early Wednesday, to 52,394.
Futures for the S&P 500 gained 65 points, or 0.9%, to 7,609.25.
Futures for the NASDAQ Composite grabbed 530 points, or 1.9%, at 25,365.25.
Neocloud stock CoreWeave rallied 13% after the company reported third-quarter revenue that beat analyst expectations. CoreWeave also lifted its operating income and revenue guidance for 2026.
CoreWeave’s results helped drive South Korea’s Kospi index 2.6% higher by close, with SK Hynix rising 5.36% and Samsung Electronics adding 3.57%.
Nvidia, meanwhile, jumped 5%, after the stock dropped nearly 10% to begin the week following CEO Jensen Huang confirming he had an affair with an alleged Chinese spy. The pullback in Nvidia weighed on the broader market Tuesday, with the major averages ending the session lower.
In Japan, the Nikkei 225 took on 1.3% Wednesday, while in Hong Kong, the Hang Seng settled 1%.
Oil prices improved 98 cents to $87.02 U.S. a barrel.
Gold prices tacked on $24.30 to $4,054.50 U.S an ounce.
