Stock Market Today: Nvidia Earnings and State of the Union Optimism Fuel Premarket Gains

Market Overview - U.S. stock futures are trending higher, with Dow Jones e-minis up 58 points (0.12%), S&P 500 futures gaining 0.14%, and Nasdaq Composite futures leading with a 0.19% rise [2] - The broader market is looking to extend gains following a Tuesday session where SPDR S&P 500 ETF Trust and Invesco QQQ Trust advanced, recovering from a choppy start to February [3] Economic Indicators - President Trump's State of the Union address highlighted 53 all-time stock market highs and a decline in core inflation to 1.7% [4] - The 10-year Treasury yield remains at 4.05%, indicating a cautious stance from bond investors [5] - Upcoming economic reports include the Consumer Confidence index and the Richmond Fed Survey of Manufacturing Activity, scheduled for release at 10:00 AM ET [5] Nvidia's Earnings Report - Nvidia is set to report its fiscal fourth-quarter and full-year 2026 results, with a focus on revenue from the Data Center division and demand for its Blackwell and Rubin GPU architectures [6] - Management previously guided for $65 billion in total revenue for the quarter, and investors are looking for signs of normalization in the "extraordinary demand" previously cited [6] Corporate News - Workday shares fell 9.51% despite an earnings beat due to forward guidance that missed Wall Street expectations [7] - HSBC Holdings reported strong annual results for 2025, with decisive action noted across its business segments [7] - Other companies in focus include Home Depot, Lucid Group, AMC Entertainment, HP Inc, Shell, Intuit, and American Tower, with various earnings reports and market movements anticipated [7]