US Stock Market Futures Rebound on Trade Tensions Easing

The US stock market futures saw a rebound in early trading on Wednesday as trade tensions eased following President Donald Trump's temporary tariff pause with Canada. The Nasdaq, S&P 500, and Russell 2000 futures rose by 0.1%, while Dow futures remained flat but with a positive bias.

The shift in sentiment was attributed to the easing of immediate trade concerns after the three-day pause on planned 50% tariffs on Canadian goods. However, geopolitical tensions in the Middle East continued to weigh on investors' minds.

Nvidia (NVDA) remained in focus as reports emerged that its H200 chips had reached ByteDance and Tencent in small batches. Michael Burry described AI chip startup Etched as potentially 'serious competition' for Nvidia.