India, Nov. 13 -- The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move to the upside after ending the previous session mostly lower but well off their worst levels.
The upward momentum on Wall Street comes amid an extended rebound by shares of Nvidia (NVDA), as the AI leader is jumping by more than 2 percent in pre-market trading.
Shares of Nvidia recovered from an initial nosedive but still tumbled by more than 4 percent on Thursday following news CFO Colette Kress will service as interim CEO following the resignation of Jensen Huang.
The futures saw further upside following the release of a Labor Department report showing producer prices in the U.S. increased by slightly less than e...