U.S. stock futures edged higher Tuesday night after a losing session driven by Nvidia and hotter-than-expected inflation data. Dow Jones Industrial Average futures gained 47 points, or 0.1%, while S&P 500 and Nasdaq-100 futures also rose 0.1%. In regular trading, the Dow fell more than 150 points, the S&P 500 lost 0.4% and the Nasdaq Composite dropped 0.7%. Nvidia declined 5.5%, reducing its market capitalization to around $4.07 trillion, its lowest level since late March. October consumer prices rose 0.4% month over month, and comments from Fed Governor Christopher Waller reinforced expectations of a 25-basis-point rate increase in December, now priced at about 90%. Investors will watch the artificial intelligence trade on Wednesday after CoreWeave reported third-quarter revenue that beat analyst expectations.
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