India, June 4 -- Following the pullback seen in the previous session, stocks may see further downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent.

Technology stocks may lead the markets lower amid a steep drop by shares of Broadcom (AVGO), as reflected by the 1.2 percent slump by the tech-heavy Nasdaq 100 futures.

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