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The
U.S. House Rules Committee said it will meet at 3:00 p.m. ET
(1900 GMT), to discuss the debt ceiling bill.
A handful of Republican lawmakers have said they will oppose it,
in a sign that the bipartisan agreement could face a rocky path
through Congress.
Reflecting investor optimism, the cost of insuring exposure to a
U.S. debt default fell further on Tuesday, while yields on
longer-dated U.S. Treasuries fell. [US/]
Nvidia Corp gained 3.2% in premarket trading after it said on
Monday it was building Israel's most powerful AI supercomputer
to meet soaring customer demand for AI applications.
Shares of heavyweight AI-players including Microsoft Corp and
Alphabet Inc rose about 1% each.
Other chipmakers including Advanced Micro Devices Inc, Marvell
Technology Inc and Intel Corp added about 3% each.
At 5:00 a.m. ET, Dow e-minis were up 69 points, or 0.21%, S&P
500 e-minis were up 19.5 points, or 0.46%, and Nasdaq 100
e-minis were up 136.75 points, or 0.95%.
(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak
Dasgupta)
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