India, Nov. 12 -- Following the significant rebound seen during Wednesday's session, stocks are likely to move back to the downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent.
Technology stocks are likely to come under pressure once again after helping to lead the recovery seen in the previous session.
A sharp pullback by shares of Nvidia (NVDA) is likely to weigh on the sector, as the AI leader plunges by 8.5 percent in pre-market trading after jumping by 2.9 percent on Wednesday.
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