NASDAQ futures jumped in early trading Wednesday, after the technology-focused average gained for a third straight day.
Futures for the Dow Jones Industrials gained 66 points, or 0.2%, to 35,340.
Futures for the S&P 500 took on 39 points, or 0.9%, to 4,574
Futures for the NASDAQ hiked 234.25 points, or 1.6%, to 15,229.
Google-parent Alphabet jumped about 10% in pre-market trading after the company's quarterly results beat on the top and bottom lines.
Alphabet also announced a 20-for-one stock split, indicating the company might soon be included on the Dow Jones Industrial Average as well.
Chip stock Advanced Micro Devices also gained 14.5% on strong earnings, while Starbucks dipped 2.7% following its results. PayPal tanked 17% after hours after issuing disappointing guidance. General Motors shares rose 2.6% premarket after the automaker reported earnings that beat estimates and raised its 2022 forecast, though revenue came up light.
On the economic front, private payroll data is set to release at 8:15 a.m. on Wednesday. Economists polled by Dow Jones are expecting 200,000 private jobs were added in January, down from December's growth of 807,000 private payrolls, according to ADP.
However, economists and White House officials are warning that January payroll numbers could disappoint due to the large number of worker absences attributed to the omicron spread.
Earnings season continues on Wednesday with key reporting from Meta Platforms, formerly Facebook, and Qualcomm. AbbVie, D.R. Horton and T-Mobile also report earnings on Wednesday.
So far this earnings season, more than 36% of the S&P 500 has reported and more than 78% have topped Wall Street's expectations.
Overseas, in Japan, the Nikkei 225 popped 1.7% Wednesday, while markets in Hong Kong remained closed.
Oil prices prospered $1.23 to $89.43 U.S. a barrel.
Gold prices ascended two dollars to $1,803.50 U.S. an ounce.