India, Feb. 26 -- European stocks may open on a steady note Wednesday as investors await earnings from AI bellwether Nvidia for more clarity about the sustainability of the once-hot artificial intelligence trade.
Nvidia's fourth-quarter earnings along with reports from Lowe's, TJX and Salesforce are due later in the day.
On the economic front U.S. reports on new home sales and building permits may garner some attention ahead of the release of the personal consumption expenditures price index on Friday. The PCE is the Federal Reserve's preferred inflation gauge.
Asian markets traded mixed, with Hong Kong's Hang Seng rallying 2.5 percent led by technology stocks amid Chinese AI optimism.
Japan's Nikkei was down more than 1 percent to touc...