Stocks Mixed Ahead of Key Earnings Report, Economic Data Releases

U.S. stock futures were mixed on Wednesday, with the Dow Jones index rising while the S&P 500 and Nasdaq 100 indices slipped.

The market is preparing for a heavy slate of macroeconomic data before the open, including July durable goods orders, the second estimate for second-quarter GDP, and key consumer spending and PCE inflation metrics.

Nvidia Corp. will release its high-stakes second-quarter earnings report after the closing bell, with Wall Street expecting it to post quarterly earnings of $2.09 per share on revenue of $92.01 billion.