US stock futures edged mostly on Thursday as investors assessed a raft of quarterly corporate earnings and climbing Treasury yields.

By 03:39 ET (07:39 GMT), the Dow futures contract was broadly unchanged, S&P 500 futures had edged up by 22 points or 0.4%, and Nasdaq 100 futures had risen by 154 points or 0.8%.

The main averages sank in the prior session, with declines in megacap tech stocks like artificial intelligence-darling Nvidia (NASDAQ:NVDA) and iPhone-maker Apple (NASDAQ:AAPL) denting the Nasdaq Composite in particular.

Weighing on sentiment was a jump in US Treasury yields to three-month highs. Analysts interpreted the uptick as a sign markets are starting to expect strong recent economic data and the upcoming US presidential election will persuade the Federal Reserve to roll out interest rate cuts at a slower pace.