India, Oct. 23 -- The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to see further downside following the sell-off seen during Thursday's session.

The major index futures are currently pointing to continued weakness on Wall Street in early trading on Friday, with the S&P 500 futures down by 0.4 percent.

Lingering concerns about the artificial intelligence trade are likely to weigh on the markets along with a continued increase in the price of crude oil.

U.S. crude oil futures have jumped back above $100 a barrel, while international benchmark Brent crude oil futures have reached a five-month high amid ongoing worries about supply disruptions in the Middle East.

However, traders may be relu...