India, Nov. 9 -- The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to see further upside following the rebound seen last Friday's session.
Traders may continue to look to pick up stocks at relatively reduced levels following the historic sell-off seen last Thursday.
Early buying interest may also be generated in reaction to a steep drop by the price of crude oil, as U.S. crude oil futures plunge by more than 4 percent.
Crude oil futures are under pressure after President Donald Trump said he was "highly unlikely" to order more attacks on Iran as long as talks continue on Iran's nuclear program and reopening the Strait of Hormuz.
However, Secretary of State Marco Rubio later told reporters...