Wednesday’s S&P 500 index futures session stayed in a muted range, though bulls managed a slight nudge to the monthly high early on. 

After a relatively sleepy overnight session, bulls kicked off the regular session in green, charging past the premarket high to scrape a new monthly peak of 6160.25. Resistance proved a brick wall, though, thwarting every bull charge.

By lunch, the index waffled around unchanged, with a Trump administration push for appeals court to back tariff power seemingly helping the bears. A sharp afternoon selloff sliced through the premarket low, bottoming at 6130.75, but bulls swooped in to buy the dip. They clawed back to unchanged, and a late buying trickle sealed the close near the day’s midpoint at 6147, up a measly 0.75 handles

Looking ahead, May’s advanced inventories, US goods trade balance and other macro data at 8:30 AM ET, along with a few earnings reports point to a busy Thursday.

NVIDIA Corp (NASDAQ: NVDA) stole the show among top components, surging $6.41, or 4.33%, to $154.31, hitting new all-time highs during its annual general meeting as semis rallied. 

For those keeping track, that crushed the cash index’s 0.06% scratch session by over 72 times. 

Conversely, Tesla Inc (NASDAQ: TSLA) took its second straight hit, sliding $12.92, or 3.79%, to $327.55 as the biggest loser among top components.