Dow Jones Today: Stock Futures Tick Higher Amid Flurry of Earnings Reports; McDonald's Jumps, AMD Tumbles

Stock futures are pointing to a slightly higher open for major indexes on Wednesday as investors digest quarterly results from several major companies.

Futures tied to the Dow Jones Industrial Average were up 0.3% recently, while those linked to the S&P 500 and the Nasdaq each added 0.1%. Stocks are looking to bounce back from a down day on Tuesday, when major indexes gave back much of the big gains posted the previous day, when the S&P 500 broke a four-day losing streak.

After hitting a series of record highs in July, stocks have come under pressure over the past week amid lingering concerns about the potential impact of tariffs and the health of the economy. As investors await further developments on the global trade front, the economic data calendar is light today, but corporate results continue to roll in.

Among the noteworthy post-earnings movers this morning, shares of McDonald’s (MCD), a Dow component, climbed nearly 4%, while fellow Dow member Disney (DIS) slipped about 1.5%. Chipmaker Advanced Micro Devices (AMD) dropped 5% after releasing its quarterly numbers last night, while server maker Super Micro Computer (SMCI) and social media company Snap (SNAP) tumbled 17% and 19%, respectively.

Shares of the world’s largest technology companies were mostly higher in premarket trading, though the gains were small. Microsoft (MSFT), Apple (AAPL), Alphabet (GOOG), Amazon (AMZN), Meta Platforms (META) and Broadcom (AVGO) each tacked on less than 1%. AI chips giant Nvidia (NVDA) was down about 1%, while Tesla (TSLA) ticked lower.

The yield on the 10-year Treasury, which affects borrowing costs on all sorts of loans, notably mortgages, was at 4.23% this morning, up from 4.20% at yesterday’s close. The yield hit its lowest level in three months this week as market expectations for interest rate cuts by the Federal Reserve have increased following last Friday’s weak jobs report.

The U.S. dollar index, which measures the performance of the dollar against a basket of foreign currencies, was down 0.2% this morning at 98.60, its lowest level in a week.

Bitcoin was at $113,800 recently, little changed from yesterday afternoon. The digital currency hit its lowest level in three weeks on Friday, moving as low as $112,000.

West Texas Intermediate futures, the U.S. crude oil benchmark, were up 1.5% at $66.10 per barrel, rebounding after four straight days of declines. Gold futures, which were trading near a two-month high on Tuesday, declined 0.5% to $3,420 an ounce this morning.