India, July 17 -- Following the pullback seen in the previous session, stocks are likely to see further downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.9 percent.
Technology stocks are likely to lead the way lower once again, as reflected by the 1.9 percent slump by the tech-heavy Nasdaq 100 futures.
A steep drop by shares of Netflix (NFLX) is likely to weigh on the tech sector, with the streaming giant plunging by 11.3 percent in pre-market trading.
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