India, Feb. 2 -- The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to extend the significant rebound seen during the previous session.
The markets may benefit from a positive reaction to earnings news from Facebook parent Meta Platforms (META) and online retail giant Amazon (AMZN).
Shares of Meta are spiking by 16.8 percent in pre-market trading after the company reported better than expected fourth quarter results, announced its first-ever quarterly dividend and authorized a $50 billion share buyback.
Amazon has also surged by 6.8 percent in pre-market trading after reporting fourth quarter results that exceeded analyst estimates on both the top and bottom lines.
On the other hand, share...