US stocks steady before Fed Chair speech

U.S. stock futures stabilized as investors watched company earnings reports and Federal Reserve Chair Jerome Powell's speech. The S&P 500 index rose slightly by 0.1%, while the Nasdaq 100 declined by 0.1%. The Dow Jones increased by 92 points (0.2%). Markets had experienced strong gains on Thursday, fueled by positive results from Nvidia, and Powell's speech is expected to shape the interest rate path, with a 64% chance of rates remaining unchanged. Investors are also awaiting signals from the central bank leader regarding interest rate policies and their impact on the economy.

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