Stock futures rose Wednesday following a fourth-straight day of losses for the S&P 500. Investors are also awaiting earnings from market bellwether Nvidia. Futures tied to the Dow Jones Industrial Average rose 111 points, or 0.4%. Nasdaq-100 futures added 0.8%, while S&P 500 futures climbed 0.5%. Stocks are coming off a weak session. The S&P 500 tumbled 0.5%, and the Nasdaq Composite lost nearly 1.4%. Both indexes logged their fourth consecutive losing day. The 30-stock Dow was the outlier, with a roughly 0.4% advance. A weaker-than-expected consumer confidence reading from the Conference Board weighed on stocks Tuesday. A raft of recent reports, including disappointing retail sales numbers and a weak consumer sentiment reading have spurred traders’ worries around the economy over the past week — and the major averages have suffered. Nvidia’s fourth-quarter earnings, due after the closing bell Wednesday, could be the next catalyst for the market. The stock climbed 2% in the premarket Wednesday. The report arrives at a pivotal time for Nvidia. The emergence of DeepSeek raised questions about the sustainability of the once-hot artificial intelligence trade. The chip giant and other momentum plays are also showing signs of fizzling, with Nvidia down more than 5% in 2025. “I think as the earnings report comes out tomorrow, my expectation is it’s going to be a lot like September,” NYU Stern School of Business finance professor Aswath Damodaran said Tuesday on CNBC’s “Closing Bell.” “A replay of [the] September [quarter] where they will beat analyst expectations, but the market is going to be disappointed because the market seems to have set expectations higher than what analysts are seeing for the company,” he added. Economic data due on Wednesday include new home sales and building permits. The main event for investors will be the release of the personal consumption expenditures price index on Friday. The PCE is the Federal Reserve’s preferred inflation gauge. U.S. Treasury yields were higher on Wednesday as investors awaited some housing data, and weighed the impact of a series of disappointing reports recently. At 7:11 a.m. ET, the 10-year Treasury yield was up nearly 2 basis points at 4.314%, while the 2-year Treasury yield was also higher by 2 basis points at 4.123%. Asia-Pacific markets traded mixed Wednesday, as two key Wall Street benchmarks fell overnight after the U.S. consumer confidence reading came in much weaker than economists’ estimates. Hong Kong’s Hang Seng index climbed 3.63% in its last hour of trade. Gains were led by the consumer and technology sectors as the city pledged in its budget announcement today to develop itself into an artificial intelligence hub, allocating 1 billion Hong Kong dollars toward AI research and development. The Hang Seng Tech index surged 5.25% in its last hour, on the back of a sharp rise in JD.com (9.03%), Xpeng (9.34%), Alibaba (6.05%) and Meituan (10.47%). Japan’s benchmark Nikkei 225 and Topix were in negative territory for the second consecutive day. The Nikkei 225 lost 0.25% to close at 38,142.37, while the broader Topix index fell 0.30% to end the day at 2,716.40. South Korea’s Kospi closed 0.41% higher at 2,641.09 while the small-cap Kosdaq advanced 0.26% to close at 771.41. Mainland China’s CSI300 index ended the day 0.87% higher at 3,959.94. Australia’s S&P/ASX 200 fell 0.14% to end the day at 8,240.70. This is its second consecutive day in negative territory. Oil prices held around two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower U.S. crude stockpiles provided some support. Brent crude rose 16 cents, or 0.2%, to $73.18 a barrel. U.S. West Texas Intermediate crude oil futures were up 20 cents, or 0.3%, at $69.13. Prospects for a peace deal between Russia and Ukraine are improving, ING commodities strategists said in a note on Wednesday, adding that the market was also watching for potential implications of a minerals deal between the U.S. and Ukraine. Gold prices held steady on Wednesday following a 2% decline in the previous session, while attention was on U.S. President Donald Trump’s tariff plans, which has raised concerns about a trade war. Spot gold was little changed at $2,916.63 an ounce after hitting an over one week-low on Tuesday. Trump’s trade policies, seen as inflationary and with potential to spark tiffs with trade partners, saw safe-haven gold hitting a record high of $2,956.15 on Monday. U.S. gold futures rose 0.5% to $2,932.50.