India, July 31 -- The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to see further upside after ending the previous session sharply higher.
Technology stocks appear poised to extend yesterday's rally amid a sharp increase by shares of online retail giant Amazon (AMZN).
Shares of Amazon are soaring by more than 10 percent in pre-market trading after the company reported better-than-expected second quarter revenue and cloud growth.
Overall buying interest may be somewhat subdued, however, as the price of crude oil shows a strong move back to the upside following yesterday's pullback.
U.S. crude oil futures are surging by nearly 2 percent, contributing to an increase in treasury yields amid ...