India, Aug. 27 -- The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside after ending yesterday's lackluster session modestly lower.
The markets are likely to benefit from an early rally by technology stocks, as reflected by the 1 percent jump by the tech-heavy Nasdaq 100 futures.
A positive reaction to earnings news from Nvidia (NVDA) is likely to contribute to the initial strength in the tech sector.
Shares of Nvidia are surging by 6.5 percent in pre-market trading after the AI giant reported better than expected second quarter results and provided upbeat revenue guidance for the current quarter.
"Nvidia once again delivered stronger-than-expected results, provid...