Stock Futures Rise Amid Nvidia Earnings Report

U.S. stock futures are indicating a positive start to Thursday's trading, primarily driven by Nvidia's better-than-expected third-quarter results, despite initial concerns about slowing revenue growth. The S&P 500 futures are up 0.5%, with Nvidia shares rising 1.5% in pre-market trading after erasing earlier losses. A decrease in U.S. jobless claims to 213,000, the lowest since April, has also contributed to market optimism. Meanwhile, Snowflake's shares surged over 21% following its strong earnings report, further boosting investor sentiment. Concerns surrounding geopolitical tensions, particularly from the Russia-Ukraine conflict, have led to increases in oil and gold prices, while Bitcoin has crossed the $98,000 threshold. Investors are awaiting further economic indicators, including existing home sales and leading economic indicators, to gauge the market's trajectory.