Early on Thursday, U.S. stock index futures displayed upward momentum, with Nasdaq futures leading the way, driven by Nvidia’s impressive quarterly earnings performance. Conversely, Dow futures experienced a dip due to a decline in Boeing shares.

Here’s a snapshot of how stock-index futures are trading:

In Wednesday’s trading, the Dow Jones Industrial Average increased by 184 points, or 0.54%, reaching 34,473. The S&P 500 showed a rise of 48 points, or 1.1%, reaching 4436, and the Nasdaq Composite gained 215 points, or 1.59%, reaching 13,721.

Key factors influencing the market:

As traders keep an eye on the Jackson Hole central bankers’ economic policy symposium, which begins on Thursday, attention is drawn to the speech expected from Fed Chair Jerome Powell on Friday.

Additional U.S. economic data includes weekly jobless benefit claims numbers, showing a decrease of 10,000 claims to a three-week low of 230,000. This suggests ongoing strength in the labor market. Durable-goods orders data for July revealed a 0.5% rise, excluding transportation and specific sectors.

Companies in focus:

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