India, Nov. 9 -- Stocks are likely to move to the upside in early trading on Monday, extending the rebound seen during last Friday's session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent.
Traders may continue to look to pick up stocks at relatively reduced levels following the historic sell-off seen last Thursday.
Early buying interest may also be generated in reaction to a steep drop by the price of crude oil, as U.S. crude oil futures plunge by more than 4 percent.
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