US Stocks Rise as Treasury Yields Retreat Ahead of Key Earnings Reports

US stock futures pointed higher on Tuesday, with S&P 500 and Nasdaq futures gaining as investors positioned for Nvidia's earnings and the Federal Reserve's Jackson Hole speech. Dow Jones Industrial Average futures rose 0.6%, while S&P 500 futures gained 0.5%. Nasdaq 100 futures advanced 0.9%.

The benchmark 10-year Treasury yield fell more than 3 basis points to 4.666%, extending its decline from Monday. This move followed reports that the US Treasury could use its roughly $1 trillion General Account to fund bond repurchases, supporting demand for Treasuries.

Chip stocks were among the strongest movers in premarket trading, with Nvidia shares rising more than 1%. Advanced Micro Devices and Micron Technology gained more than 2% each. Intel climbed more than 3%, while Broadcom advanced over 1%.