Futures muted ahead of Nvidia earnings

)'s earnings report, with focus squarely on if the market's recent bull rally that was spearheaded by the AI chip firm and other tech-related shares can be sustained.

"The chip giant is again expected to demonstrate that it's firing on all cylinders," said Susannah Streeter, head of money and markets, Hargreaves Lansdown. Odds of a 25-basis point reduction currently stand at 65.5%, while those of a 50-bps cut are at 34.5%, according to the CME Group's (NASDAQ:

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