Stock futures experienced slight increases on Tuesday morning, indicating a positive start for the markets. The Dow Jones Industrial Average futures rose by 0.2%, while S&P 500 futures increased by 0.1%. Nasdaq futures showed a minor increase of less than 0.1%.

The S&P 500 and Nasdaq are looking to extend their winning streaks to three sessions, supported by a rally in chip stocks. Notably, Nvidia shares rose by 2% in premarket trading following a keynote address by CEO Jensen Huang at CES 2025, where he discussed various technological advancements. Additionally, memory chip manufacturer Micron, which surged by 10% on Monday, gained an additional 4% after being mentioned by Huang in connection with Nvidia’s new gaming chips.

Other significant tech stocks showed mixed results:

• Microsoft, Alphabet, and Amazon trended upward
• Apple, Meta Platforms, and Tesla experienced declines

In other market news, the yield on 10-year Treasurys increased to 4.64%, the highest level since May, as investors await the December jobs report due on Friday, which could impact the Federal Reserve’s interest rate decisions. Gold futures rose by 1% to around $2,675 an ounce, and WTI crude oil futures saw a 0.5% increase.

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