India, Aug. 28 -- Following the upward move seen over the two previous sessions, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a roughly flat open for the markets, as the S&P 500 futures are up by less than a tenth of a percent.

Traders may stick to the sidelines as they digest highly anticipated earnings news from Nvidia (NVDA), with the AI darling and market leader slipping by 0.3 percent in pre-market trading.

The dip by Nvidia comes after the company reported second quarter results that largely exceeded expectations, but its data center sales came in short of estimates.

Investors are also looking ahead to Friday's release of the Commerce Department's on personal in...