The buck's latest surge comes as rising Treasury yields attract funds, and so-called 'U.S. exceptionalism' - a strong economy containing many of the world's biggest and most successful companies - encourages global investors to buy American assets.

Stock index futures rose on Wednesday, a day after Wall Street witnessed a sell-off on revised rate cut bets. S&P 500 futures (SPX) +0.4%, Nasdaq 100 futures (US100:IND) +0.4% and Dow futures (INDU) +0.

Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

U.S. equity futures edged higher in early Tuesday trading, while Treasury yields steadied and the dollar slipped, as investors looked to the first of a series of job market data releases that could test the market's early January rally.

Nvidia reached a level that would be a new closing high amid further signs of strong demand for artificial-intelligence chips as CEO Jensen Huang is set to deliver a keynote speech at the CES tech show in Las Vegas on Monday.

Stocks are running in premarket trading on Monday. Here’s a look at major indexes as of 8:50 a.m. ET: Nasdaq Futures: Up 205.25 (+.95%) S&P 500 Futures: Up 45.25 (+.76%) Dow Jones Futures: Up 184 (+.43%) The big story in premarket trading is that NVIDIA (Nasdaq: NVDA) and chip stocks are up big.