US stock futures edged lower on Wednesday as investors cautiously counted down to Nvidia's (NVDA) earnings report, seen as a crucial test of hopes for Big Tech amid tariff uncertainty. Nvidia's results are looming large as Wall Street looks to the AI chipmaker to confirm that megacap techs can still drive gains even as trade-war fears prey on markets.

Tesla stock has “positive short-term momentum” says Fairlead Strategies technical market analyst Will Tamplin.

When including the U.K., Iceland, Liechtenstein, Norway and Switzerland, sales fell 49% to 7,261 vehicles.

The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.

Shares were mostly lower in Asia on Tuesday, trading in a narrow range after U.S. markets were closed Monday for the Memorial Day holiday.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.