Traders work on the floor of the New York Stock Exchange (NYSE) on February 24, 2026 in New York City, USA.
Gina Moon | Reuters
Stock futures rose slightly on Tuesday night ahead of important earnings reports. Nvidia.
futures tied to Dow Jones Industrial Average We had a 27 point lead. S&P500 futures Add 0.1%, Nasdaq 100 futures It rose by about 0.3%.
Major stock averages rose on Tuesday as concerns about artificial intelligence disruption in several industries faded. of S&P500 ended the session up nearly 0.8%. Nasdaq Composite It rose by about 1%. 30 shares Dow It increased by 370 points (about 0.8%).
Sales rose nearly 9% as we lifted the broader market. advanced micro devicerose after Metaplatforms announced a multi-year deal with the semiconductor company. Software and cybersecurity stocks also rallied in relief in regular trading after Anthropic announced new connectors and plugins for its knowledge worker tool Claude Cowork. This will allow companies to connect AI tools to existing apps such as Google Drive. Claude Cowork has caused a stir in the software industry in recent weeks as investors worried that the tool would disrupt the business of existing software vendors.
of iShares Enhanced Technology Software Sector ETF (IGV) It rose 1.9% on Tuesday, but remains down more than 25% this year.
“Certainly I think it’s been done indiscriminately to the point where it’s gotten a little irrational…There’s a little bit of upside room for some of these names,” Liz Thomas, head of investment strategy at SoFi, said Tuesday on CNBC’s “Closing Bell,” referring to this year’s sharp decline in software.
Tuesday’s move came ahead of Nvidia’s quarterly earnings report and the software giant’s earnings release. sales force and snowflakewith an expiration date after the market closes on Wednesday. Nvidia’s results come as investors readjust their high valuations for tech stocks and grow more skeptical about hyperscalers’ expensive AI capital spending.
For Thomas, NVIDIA’s performance could still dictate the direction of the U.S. stock market, but it has become a bit less important overall given the recent software panic and focus on rapidly developing AI tools such as Claude.
“Numbers-wise, Nvidia remains important… Nvidia probably needs to win. We need positive guidance to maintain market sentiment,” Thomas told CNBC. But he added that compared to previous quarters, “I don’t think we’re as dependent on that.”
Separately, investors are keeping an eye on tensions between the US and Iran this week. Last weekend, President Donald Trump threatened to raise global tariffs to 15%, but the 10% tariffs on global imports went into effect on Tuesday.
President Trump is scheduled to deliver his 2026 State of the Union address to a joint session of the House and Senate on Tuesday night.
