Wall Street saw gains this morning, with futures for the S&P 500 and the Dow Jones Industrial Average both up 0.3%, according to the Associated Press.
On Tuesday, the S&P 500 rose 0.4% to 5,916.98 after erasing an early drop of 0.7%. The Nasdaq composite also shook off an early loss to turn 1% higher to 18,987.47, while the Dow Jones Industrial Average slipped 0.3% to 43,268.94.
Nvidia saw a 4.9% climb, rallying ahead of its profit report for the latest quarter, which is coming later today, and vaulted its gain for the year to nearly 197% thanks to the craze around artificial intelligence technology.
Worries over the Ukraine-Russia conflict sent investors into U.S. Treasury bonds, which are seen as some of the world’s safest investments. The rise in their prices in turn lowered their yields, and the 10-year Treasury yield fell to 4.39% from 4.41% late Monday.
Gold also rose 0.6% and recovered some of the losses it sustained following Donald Trump’s victory in the U.S. presidential election, as investors herded into places traditionally considered safe.
In other dealings early this morning, benchmark U.S. crude oil edged 30 cents higher to $69.54 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, added 25 cents to $73.56 per barrel.
The dollar rose to 155.63 Japanese yen from 154.54 yen.
