06:57 AM EDT, 05/23/2024 (MT Newswires) -- US equity futures gained before Thursday's opening bell helped by a jump in Nvidia ( NVDA ) shares, following the chipmaker's latest quarterly results.

Standard & Poor's 500 futures rose 0.5%, the Nasdaq advanced 0.9% and the Dow Jones Industrial Average added 0.1% in the premarket. The majority of Asian exchanges were tracking in the red, while European bourses were trending north midday on the continent.

Nvidia's ( NVDA ) stock climbed 6.7% pre-bell as the company recorded a better-than-expected fiscal first-quarter, and announced a forward stock split. Synopsys ( SNPS ) edged down 0.6% after the software firm's fiscal second-quarter results missed market estimates. Snowflake (SNOW) inclined 4.3% as the cloud-based data platform company nudged its fiscal 2025 product revenue outlook higher.

Medtronic ( MDT ) , NetEase ( NTES ) , KE Holdings ( BEKE ) , Ralph Lauren ( RL ) , BJ's Wholesale Club (BJ) and Bilibili ( BILI ) report their latest financial results before the bell, among others. Intuit (INTU), Workday (WDAY) and Ross Stores ( ROST ) post earnings in the afterhours.

On the economic calendar, the weekly jobless claims bulletin and the Chicago Fed National Activity Index for April are out at 8:30 am ET. The May purchasing managers' index report from S&P Global is due 9:45 am, followed by the new home sales report for last month at 10 am.

The weekly EIA domestic natural-gas supplies report posts at 10:30 am, while the Kansas City Fed Manufacturing Index for this month is slated for an 11 am release. Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to speak at 3 pm.

Before the open, bitcoin dipped 0.2% to $69,518, West Texas Intermediate crude increased 0.9% to $78.25 a barrel, yields on 10-year Treasuries dipped 1.2 basis points to 4.42% and gold declined 1.1% to $2,367 an ounce.