India, July 31 -- After ending the previous session sharply higher, stocks are likely to see further upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.2 percent.
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.
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