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%.