U.S. stock futures edged slightly higher on Wednesday, as markets assessed President Donald Trump’s State of the Union address and awaited a pivotal earnings announcement from Nvidia.
As of 4:52 P.M. (GMT+7), Dow Jones Industrial Average futures added by 0.17%, or 84.20 points, to 49,259.00 points, while S&P 500 futures edged up by 0.17%, or 11.90 points, to 6,902.00 points. Meanwhile, Nasdaq 100 futures ticked up by 0.20%, or 49.00 points, to 25,026.00 points.
The previous trading session saw a broad gain among major indices, rebounded from Monday’s declines, which had been triggered by investor anxieties over the potential ramifications of artificial intelligence developments and ambiguity regarding the Trump administration’s stance on tariffs.
Within the software sector, companies specializing in cybersecurity staged a recovery. The move came after AI firm Anthropic rolled out enhanced enterprise features on its Claude Cowork product, enabling integration with business platforms like Google Drive, DocuSign, and LegalZoom.
Setting the week’s agenda, President Trump delivered his 2026 State of the Union on Tuesday night. The speech followed significant domestic opposition to his tariff initiatives during the prior week. In his remarks, Trump criticized the Supreme Court and reiterated his support for global tariffs. Over the weekend, he stated the possibility of raising worldwide tariffs to 15%, a move that coincided with a new 10% import tariff that began Tuesday.
Additionally, geopolitical tension between the United States and Iran remained a focal point for traders. Investors are now turning their attention to earnings updates, with Nvidia’s quarterly results expected later today. Results from Salesforce and Snowflake are also on the radar for market participants.
