Wall Street futures jumped on November 20 as better-than-expected earnings by Nvidia boosted investor sentiment and faded away worries that the alleged frenzy around artificial intelligence (AI) has reached its peak.

Additionally, investors await key US inflation data and Fed's FOMC meeting minutes.

Wall Street futures:

Nasdaq futures rose nearly 1.5 percent (nearly 365 points) to 25,087, while S&P 500 futures rose over 1 percent to 6,735.50, as seen at 4.10 pm IST. Dow Jones futures meanwhile grew 0.6 percent to 46,433.

The American stock markets had closed in the green earlier yesterday, with tech-heavy Nasdaq rising 0.56 percent to 24,640.52. S&P 500 rose 0.38 percent to 6,642.16, while Dow Jones closed 0.10 percent higher at 46,138.77.

Nvidia shares jump after Q3 results:

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