U.S. stock futures inched higher on Tuesday, lifted by news that President Donald Trump has authorized Nvidia to resume shipments of high-performance AI chips to China. Investors now await the start of a closely watched Federal Reserve meeting.
As of 4:27 P.M. (GMT+7), Dow Jones Industrial Average futures ticked up by 0.07%, or 33.50 points, to 47,772.80 points, while S&P 500 futures advanced 0.06%, or 4.00 points, to 6,850.50 points. Nasdaq 100 futures gained 0.02%, or 6.30 points, to 25,634.30 points, recovering some ground after modest declines on Wall Street the previous session.
Nvidia shares climbed about 1.5% in premarket trading to $185.57 per share after Trump announced on Truth Social that the company is permitted to sell its H200 AI chips to “approved customers” in China and other territories.
According to Trump, 25% of the transaction value must be paid to the U.S. government. He added that Chinese President Xi Jinping “responded positively” to the plan, offering some reassurance to Nvidia’s China business following prolonged trade-related uncertainty.
Attention now turns to the Federal Reserve’s final policy meeting of the year, with a decision expected Wednesday. Traders broadly expect a 25-basis-point interest rate cut—mirroring September and October moves.
According to the CME FedWatch tool, markets are assigning an 89% probability to a rate reduction at this meeting. However, the outlook for further rate cuts into 2026 remains unclear.
Investors are also awaiting upcoming earnings reports from Oracle, Broadcom, Costco, and Lululemon, which will shed further light on trends in artificial intelligence and retail sectors.
