US stock index futures pointed to a modestly higher open on Wednesday, extending gains from the previous two sessions, after stronger-than-expected results from SK Hynix supported AI-related shares. US-listed SK Hynix (SKHY) rose 7.2% in pre-market trading after reporting record quarterly profit and announcing more than $25 billion in dividends and share buybacks. Investors expect the Fed to leave rates unchanged and will watch Chairman Kevin Warsh's press conference, along with quarterly results from Microsoft (MSFT) and Alphabet (GOOG) after the session. On Tuesday, the Nasdaq Composite rose 308.43 points (1.2%) to 26,477.60, the S&P 500 gained 45.83 points (0.6%) to 7,722.60, and the Dow Jones gained 15.99 points to 52,377.57. Analysts are focused on whether heavy AI infrastructure spending is generating sustainable returns.
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FedKevin WarshWall StreetSPYQQQNVDA
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 721.23 |
| Change that session | +1.27% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 769.72 |
| Change that session | +0.57% |
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/27/2026 | 217.88 |
| Change that session | +0.87% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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