India, May 28 -- Following the rally seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by just 0.1 percent.
Traders may be reluctant to make significant moves ahead of the release of earnings news from AI darling and market leader Nvidia (NVDA).
Nvidia, which is scheduled to release its fiscal first quarter results after the close of today's trading, is up by 0.8 percent in pre-market trading.
Lingering uncertainty about President Donald Trump's trade policies may also keep some traders on the sidelines following recent volatility.
Trump's threat to impose 50 percent tariffs on...