Stock futures were rising Thursday after Wall Street rallied following a pause by the Federal Reserve on interest rates and as the central bank held to a previous forecast for two rate reductions this year. Fed Chairman Jerome Powell suggested the central bank didn't necessarily view tariffs as an obstacle to rate cuts.

These stocks were poised to make moves Thursday:

Nvidia rose 1.4% in premarket trading. The stock closed 1.8% higher on Wednesday. Chief Executive Jensen Huang told the Financial Times that Nvidia, the leading maker of artificial-intelligence chips, plans to spend hundreds of billions of dollars on chips and other electronics manufactured in the U.S. over the next four years. The FT noted the company's supply-chain shift from Asia comes amid President Donald Trump's "America First" trade policies.

Intel was up 0.7% in premarket trading after the chip maker slumped 6.9% on Wednesday and ended a five-session winning streak. Intel was the worst performer in the S&P 500 and Nasdaq 100 during the session. The stock has risen sharply since the company said last week it would appoint former board member Lip-Bu Tan as its new chief executive. Intel remains up 20% for the year.

Tesla finished Wednesday's session up 4.7% and was rising an additional 0.6% in premarket trading. Weeks of losses for shares of the electric-vehicle maker resulted in an upgrade from Cantor Fitzgerald, which raised its recommendation on Tesla to Buy from Hold, citing "material catalysts" for the stock. Analyst Andres Sheppard cited as catalysts, among other things, Tesla's coming launch of Full Self-Driving in China and Europe, and the rollout of a robotaxi in the second half of 2025.

Five Below jumped 12% after the teen-centric discount retailer reported fourth-quarter adjusted earnings that beat analysts' estimates and reported a same-store sales decline of 3%, narrower than analysts' expectations for a drop of 3.3%. Five Below said it expects revenue in its current fiscal first quarter of $905 million to $925 million, better than estimates of $897 million.

ProAssurance jumped 51% to $23.40 after the specialty insurer reached an agreement to be acquired by The Doctors Co. for $25 a share in cash. The deal is expected to close in the first half of 2026.

Earnings reports are expected Thursday from Micron Technology, FedEx, Nike, Accenture, Lennar, PDD Holdings, Darden Restaurants, FactSet Research Systems, Jabil, and Academy Sports & Outdoors.

Memory-chip maker Micron rose 0.4% ahead of the release of its fiscal second-quarter earnings after the closing bell Thursday. Analysts expect Micron to post adjusted earnings in the period of $1.43 a share, up from 42 cents a year earlier, on revenue of $7.9 billion, an increase from $5.82 billion.