India, March 14 -- The major U.S. index futures are currently pointing to a sharply higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session.
Traders may look to pick up stocks at reduced levels following the steep drop seen on Thursday, which dragged the Nasdaq and the S&P 500 down to their lowest closing levels in six months.
The nosedive also pulled the S&P 500 into correction territory, as the index plunged by more than 10 percent from February's record highs.
Positive sentiment may also be generated in reaction to news the U.S. is likely to avoid a government shutdown after Senate Minority Leader Chuck Schumer, D-NY, said he would vote to advance a Republican spending bill fundin...