India, July 30 -- The major U.S. Index futures are currently pointing to a higher open on Thursday, with stocks likely to regain ground following the sell-off seen late in the previous session.
Technology stocks may help lead an early rebound on Wall Street, as reflected by the 1.6 percent jump by the tech-heavy Nasdaq 100 futures.
Bargain hunting may contribute to initial strength among tech stocks after the Nasdaq plunged to a three-month closing low on Wednesday. The Dow and the S&P 500 also ended the session at their lowest closing levels in well over a month.
Microsoft (MSFT) is likely to help lead the tech rally, with the software giant soaring by 9.2 percent in pre-market trading.
The spike by Microsoft comes after the company re...