India, Oct. 19 -- The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to regain ground after moving sharply lower during last Friday's session.
Technology stocks may help lead an early rebound on Wall Street, as reflected by the 1.3 percent jump by the tech-heavy Nasdaq 100 futures.
Bargain hunting is likely to contribute to early strength among tech stocks after Friday's slump, which dragged the Nasdaq down to its lowest closing level in a month.
Early buying interest may also be generated in reaction to a pullback by the price of crude oil, with U.S. crude oil futures giving back ground after skyrocketing over the past several sessions.
The decrease by the price of crude oil comes after P...