U.S. stock index futures moved higher after several days of declines, as investors awaited Nvidia's results to gauge the direction of AI demand and focused on a crucial tax-cut proposal's progress through Congress.

U.S. stock futures climbed early Wednesday as the market looked to recover ahead of a potentially crucial earnings report from Nvidia after the close. Technology stocks, and artificial-intelligence names in particular,

Investors have been on edge since last week as a series of data releases, including Tuesday's weak consumer sentiment print, suggested the world's largest economy might be stalling, even as sticky inflation keeps the Federal Reserve cautious about lowering interest rates further.