India, Feb. 27 -- The major U.S. index futures are currently pointing to initial strength on Wall Street on Thursday, with stocks likely to see further upside after ending the previous session mostly higher but well off their best levels

The markets are likely to benefit from a positive reaction to earnings news from Nvidia (NVDA), as the AI darling and market leader is jumping by 1.7 percent in pre-market trading.

The advance by Nvidia comes after the company reported better than expected fourth quarter results and provided upbeat revenue guidance for the current quarter.

Buying interest may be somewhat subdued, however, as concerns about President Donald Trump's threatened tariffs continue to weigh on sentiment.

Traders are also diges...