India, July 15 -- Stocks may move to the upside in early trading on Tuesday, adding to the modest gains posted in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent.
Nvidia (NVDA) may help lead the markets higher, as the AI darling is surging by 4.7 percent in pre-market trading.
The spike by Nvidia comes after the company indicated it will "soon" resume H20 AI chip sales to China.
"The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company said in a statement.
The futures remained positive after the Labor Department released a report showing consumer prices in the U.S. increas...