India, Oct. 28 -- The major U.S. index futures are currently pointing to modestly higher open on Wednesday, with stocks likely to see continued strength after moving notably higher over the two previous sessions.
Technology stocks may continue to lead the markets higher amid renewed optimism about the outlook for the artificial intelligence trade.
Adding to the positive sentiment about AI, U.S.-listed shares of SK Hynix are surging by 7.2 percent in pre-market trading.
The spike by SK Hynix comes after the South Korean chipmaker reported a record quarterly profit and announced over $25 billion in dividends and buybacks.
However, traders may be reluctant to make more significant moves ahead of the announcement of the Federal Reserve's la...