Stock futures rose slightly on Tuesday night following a losing session in which Nvidia, coupled with hotter-than-expected inflation data, pressured the broader market.
Dow Jones Industrial Average futures gained 88 points, or 0.2%. S&P 500 futures climbed 0.2%, while Nasdaq-100 futures advanced 0.4%.
The Dow pulled back more than 150 points in regular trading, while the S&P 500 and Nasdaq Composite shed 0.4% and 0.7%, respectively. At the center of the decline was Nvidia. The chipmaker pulled back 5.5%, as CEO Jensen Huang's affair with an alleged Chinese spy weighed on the stock for the second consecutive session.
Nvidia's two-day slide pulled the company's market cap down to around $4.07 trillion, its lowest since late March.
Equities also fell on Tuesday after the latest U.S. inflation data solidified expectations for a December Federal Reserve rate hike. The consumer price index increased by 0.4% month over month in October, topping expectations.