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Nvidia's Quarterly Profit Report And U.S. Economy Update

A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Feb. 26, 2025, in Tokyo. (AP Photo/Eugene Hoshiko)

World shares were mostly higher on Wednesday as investors awaited Nvidia's quarterly profit report and an update on the U.S. economy. European markets saw gains, with Germany's DAX rising 1.3%, the CAC 40 in Paris jumping 1.1%, and Britain's FTSE 100 gaining 0.6%. Futures for the S&P 500 and Dow Jones Industrial Average were also up.

The U.S. Commerce Department was set to release its final estimate of the fourth-quarter 2024 U.S. economic performance. Despite recent weaker economic reports, the economy remains solid, although momentum has slowed.

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