U.S. stock index futures rose on Thursday as AI bellwether Nvidia's upbeat forecast soothed concerns of cooling demand in the industry, while investors gauged the implications of the Trump administration's latest threats on global trade.

An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.

U.S. stock futures pointed higher early Thursday as investors appeared to give more weight to Nvidia’s solid earnings than the threat of more tariffs. Futures on the S&P 500 rose 0.5% ahead of the open,