U.S. stock futures indicated a positive trend early Wednesday as investors looked forward to an important earnings report from Nvidia later in the day. The technology sector, particularly artificial intelligence stocks, has been facing increasing pressure due to concerns over high valuations.

The Nasdaq Composite index experienced a notable decline, dropping 1.4% on Tuesday. This marked its fourth consecutive daily loss, resulting in a total decrease of 5.1% over that timeframe. Market participants are closely monitoring these developments, as they may reflect broader trends in the tech-heavy market.

• Positive trend in U.S. stock futures
• Important earnings report from Nvidia
• Concerns over high valuations in the tech sector
• Notable decline in the Nasdaq Composite index

📎 Related coverage from: barrons.com