US Stocks Rise Ahead of Nvidia Earnings Amid Uncertainty Over Iran Sanctions
US stocks rose on Tuesday as Treasury yields fell and semiconductor stocks recovered.
The Dow Jones, S&P futures, and Nasdaq futures all saw gains, with Nvidia's earnings report set to be a major focus point for investors.
Nvidia, AMD, and Intel were among the top-performing chip stocks, with AMD seeing a 2% increase after Raymond James upgraded it from Outperform to Strong Buy.
The US Treasury Secretary Scott Bessent announced economic sanctions on Iran, but oil prices fell around 3% in response.