U.S. equity futures rose on Tuesday as Treasury yields fell for another day. Chip stocks also moved higher, with investors looking ahead to Nvidia’s earnings. Futures tied to the Dow Jones Industrial Average gained 236 points, or 0.4%. S&P 500 futures added 0.4%, while Nasdaq 100 futures were 0.8% higher. Investors were also moving into chip stocks as they geared up for Nvidia earnings on Wednesday after the bell. Shares of Advanced Micro Devices and Micron Technology added more than 2%, while Intel advanced more than 3%. Broadcom and Nvidia were both up more than 1%, and the iShares Semiconductor ETF (SOXX) moved up more than 2%. Inflation is also top of mind for traders, with the personal consumption expenditure price index reading for July out on Wednesday. The week ends with Federal Reserve Chairman Kevin Warsh expected to deliver a speech Friday at the Fed’s annual symposium in Jackson Hole, Wyoming, a potentially market-moving catalyst. His speaking engagement comes after the Treasury Department announced a plan to tame long-dated Treasury yields. Treasury yields edged lower on Tuesday as investors await more data releases for insights into the U.S. economic picture. The yield on the 10-year Treasury note—the key benchmark for mortgages, auto loans, and credit card debt—was more than 3 basis points lower at 4.668%. The longer-dated 30-year Treasury bond yield was 3 basis points lower at 5.201%. The yield on the 2-year Treasury note, which typically reacts in line with short-term Federal Reserve interest rate decisions, was more than 1 basis point lower at 4.221%. Japan’s Nikkei 225 closed 0.5% higher at 65,856.43, while South Korea’s Kospi rose 0.68% to 6,742.74. Australia’s benchmark S&P/ASX 200 rose 0.68% to 9,164.60. Hong Kong’s Hang Seng index was flat in the last hour of trade on Monday, while mainland China’s CSI 300 closed 0.24% lower at 4,552.03. Oil prices fell more than 3% on Tuesday as the U.S. has pivoted to economic sanctions rather than military strikes to pressure Iran. Brent futures, the international benchmark, fell 3.2% to $89.20 per barrel. U.S. West Texas Intermediate crude was down 3.3% at $82.21 a barrel. Prices have fallen more than 5% this week, after the U.S. government unveiled a fresh raft of sanctions on Iran and so-called “enablers” that continue to trade with the Islamic Republic. Gold prices fell on Tuesday morning but hovered around their highest level in more than three months, supported by a weaker U.S. dollar and the U.S. Treasury’s bond buyback plans. Spot gold fell 0.4% to $4,634.35 per ounce, still near its highest since mid-May, with UOB forecasting the metal is on track “for its strongest monthly gain since September 1999.” The yellow metal has gained more than 15% so far this month. Gold futures were down by 0.1% at $4,691.70, also close to a three-month high.