India, Nov. 3 -- The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to stage another recovery attempt following the significant downturn seen over the course of the previous session.
Traders may once again look to go bargain hunting in the tech sector following yesterday's slump, which dragged the tech-heavy Nasdaq down to its lowest closing level in three months.
The Nasdaq 100 futures are advancing by 0.8 percent despite a 4.4 percent plunge by shares of Apple (AAPL) in pre-market trading.
The iPhone maker posted increased quarterly revenue and profits but forecast slightly below-consensus gross margin for the current quarter, citing mounting headwinds from rising component prices.
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