India, Oct. 30 -- The major U.S. index futures are currently pointing to a sharply lower open on Friday, with stocks likely to see further downside following the pullback seen in the previous session.
Continued weakness among technology stocks is likely to weigh on Wall Street, as reflected by the 2.7 percent plunge by the tech-heavy Nasdaq 100 futures.
Intel (INTC) may help lead the tech sector lower after the chipmaker reported better than expected third quarter earnings but provided disappointing fourth quarter guidance. Shares of Intel are plummeting by more than 25 percent in pre-market trading.
Shares of Amazon (AMZN) are also seeing substantial pre-market weakness, with the online retail giant plunging by nearly 8 percent.
The sl...