The next big test for Wall Street will come after trading ends for the day, when market heavyweight Nvidia will report its latest results. Expectations are high for the bellwether of the frenzy around artificial-intelligence technology. So are worries that its stock price may have run too high, even after it has largely stalled this year.

(Reuters) -Wall Street was set for a subdued open on Wednesday after a sharp rally in the previous session, when cooling trade tensions boosted sentiment, as investors awaited AI leader Nvidia's results and minutes from the U.S. central bank's last meeting.

(Reuters) -U.S. stock index futures were subdued on Wednesday after a sharp rally in the previous session, when cooling tariff tensions buoyed sentiment, as investors awaited AI bellwether Nvidia (NASDAQ: NVDA )’s upcoming earnings and developments on the global trade front.