Selloff Stalls Ahead of Nvidia Earnings. Stock Futures Rising With AI Plays in Focus.

Stocks looked set to edge higher on Wednesday, as investors waited for third-quarter earnings from chip maker Nvidia that will determine whether the artificial-intelligence trade can get going again following a recent wobble. It’s been a torrid past few days for the market, with investors dumping risk assets as worries about bloated AI valuations mount. Wall Street will be hoping that Nvidia’s results, due after Wednesday’s close, can halt the declines, with the S&P and Dow both on four-session losing streaks.