New York, NY – U.S. stock futures remained steady early Wednesday, following the S&P 500’s slight gain, continuing its positive trend for the third consecutive session. Futures tied to the Dow Jones Industrial Average were unchanged, while both S&P 500 futures and Nasdaq 100 futures showed minimal movement.

GameStop saw a 7% jump in extended trading on Tuesday after announcing its board’s approval to invest corporate cash into bitcoin, following a similar move by MicroStrategy. The market saw a slim gain on Tuesday, with the S&P 500 rising 0.16%, the Dow Jones Industrial Average adding 4.18 points, and the Nasdaq Composite climbing 0.46%, marking the third straight day of gains across all major indices.

Despite the release of consumer confidence data showing a 12-year low in U.S. consumers’ near-term outlook on income, business, and job prospects, stocks closed higher on Tuesday. Paul Hickey of Bespoke Investment Group noted that while the soft data appeared concerning, the hard data still showed signs of resilience in the economy.

Looking ahead, companies like Chewy, Dollar Tree, Cintas, and Paychex are set to report earnings on Wednesday. Traders will also be monitoring February’s preliminary durable goods orders closely for further insights into the market’s performance. Investors remain cautiously optimistic as they navigate through a mix of positive market trends and potential economic challenges.