Wall Street pointed modestly higher before the bell Friday as markets tried to snap a weeklong losing streak ahead of widely anticipated speech by Federal Reserve Chair Jerome Powell.

Futures for the S&P 500 added less than 0.1%, while those for the Dow Jones Industrial Average rose 0.1%. Nasdaq composite futures inched up 0.1%. The S&P 500 has closed lower for five straight days heading into Friday, its longest such streak since January.

Nvidia reversed course, losing 1.2% in premarket after the company's CEO said the company was in talks with the Trump administration about a potential new computer chip designed for China. The chips are graphics processing units, or GPUs, a type of device used to build and update a range of AI systems. But they are less powerful than Nvidia’s top semico

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