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## US Stock Futures on the Rise as Investors Seek Earnings Inspiration

### Rebound from Recent Losses
US stock futures are pointing higher on Thursday, seeking to rebound from recent losses as investors look to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut.

### Tech Stocks Leading the Charge
S&P 500 (^GSPC) futures have added around 0.4%, while those on the tech-heavy Nasdaq 100 (^NDX) have jumped 0.7%. Dow Jones Industrial Average (^DJI) futures are hugging the flatline.

### AI-Fueled Revenue Outlook from TSMC
Tech stocks are in the vanguard after a bullish AI-fueled revenue outlook from TSMC (TSM), a key supplier to Apple (APPL) and Nvidia (NVDA). The Taiwanese contract chipmaker’s profit fell but beat Wall Street estimates. Shares of AMD (AMD) and other chipmakers have stepped higher in premarket as TSMC put on almost 7%.

### Struggle to Gain Momentum
Stocks are still struggling to get off the ground this year as central bankers’ comments and mixed economic data put investors’ faith in a Federal Reserve pivot to the test. The odds of a rate cut in March as seen by traders have dropped 10 percentage points from a week ago, per the CME FedWatch Tool.

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### Fresh Data and Expert Insights
Investors are eagerly awaiting fresh data to feed their expectations, with Thursday’s release of readings on weekly jobless claims and housing starts and building permits for December being in focus. Additionally, eyes will be on Atlanta Fed President Raphael Bostic, whose appearances will be closely watched for any deviation from his colleagues’ pushback on rate-cut bets.

### Stay Informed with In-Depth Analysis
For in-depth analysis of the latest stock market news and events moving stock prices, click here. Additionally, read the latest financial and business news from Yahoo Finance to stay updated on all developments.

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