U.S. stock index futures slipped on Wednesday after a sharp rally in the previous session, when easing tariff tensions boosted sentiment, as investors focused on AI bellwether Nvidia's upcoming earnings and developments on the trade front.

The major U.S. indices are on track to close the week, and month, higher. Before Thursday’s session, the S&P 500 and DJIA are up 1.5% and 1.2% this week, respectively, while the NASDAQ Composite has rallied nearly 2%.

Stock futures moved lower Friday morning after President Donald Trump said that China had violated an agreement with the U.S. on tariffs.

US stocks ended higher despite tariff uncertainty. An appeals court reinstated Trump's tariffs for now. Strong Nvidia results lent stocks support.

S&P 500 futures rose Wednesday night, buoyed by a strong earnings report from artificial intelligence heavyweight Nvidia. Futures tied to the broad market index rose 0.3%, while Nasdaq 100 futures gained 0.5%. Dow Jones Industrial Average futures slipped 15 points.

U.S. stocks were headed for slight losses early on Wednesday after strong gains the previous day over easing trade tensions with the European Union. Earnings from chip maker Nvidia after the market close are set to take the spotlight.

Live Updates Live Coverage Has Ended Coverage Has Moved 3:33 pm by For after-hours coverage, make sure to check out our new live blog. We’ll be reporting on every major storyline driving NVIDIA’s share price after it announces earnings in less than an hour.

Futures tied to the S&P 500 rose 1.2%, while Nasdaq 100 futures gained 1.7%. Dow futures climbed around 300 points, or 0.7%. On Wednesday night, the U.S. Court of International Trade ruled that Trump overstepped his authority when he imposed his "reciprocal" tariffs. The court ordered that the challenged tariff orders be vacated.

Stocks rallied post-holiday, but tariff risks, bond yield concerns, and Nvidia earnings keep markets on edge. Investors eye Fed minutes for policy clues amid volatility.