US stock futures were little changed on Wednesday after all three major benchmarks advanced in the previous session, as expectations for multiple Federal Reserve rate cuts continued to support the earnings outlook. In Tuesday’s regular trading, the Dow and the S&P 500 rose 0.99% and 0.62%, respectively, with both indices closing at fresh record highs. The tech-heavy Nasdaq Composite added 0.65%. Nine of the 11 S&P 500 sectors ended higher, led by materials, healthcare, and industrials. Semiconductor stocks outperformed on renewed investor interest, with Micron Technology, Texas Instruments, Analog Devices, and NXP advancing between 5.6% and 10%. Data storage names also featured prominently among the S&P 500’s top gainers, with SanDisk surging 27.6%, Western Digital climbing 16.8%, and Seagate rising 14%. Separately, Nvidia CEO Jensen Huang said at the CES conference in Las Vegas that the company is seeing strong customer demand in China for its H200 AI chips.