India, July 7 -- The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to give back ground following the strength seen in the previous session.
After helping to lead the markets higher during Monday's trading, technology stocks are likely to come under pressure early in the session.
The downward momentum for the tech sector comes following a nearly 7 percent plunge by shares of South Korean memory chipmaker Samsung Electronics.
Samsung reported a 19-fold spike in second quarter profits, but the company's stock tumbled amid concerns about spending and demand.
"Although Samsung's results were stellar, investors are getting nervous about the scale of money ploughing into AI and whether it's a bu...