India, April 26 -- Stocks are likely to move to the upside in early trading on Friday, extending the recovery from the sell-off seen early in the previous session. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.0 percent.
The upward momentum on Wall Street comes amid a positive reaction to some of the latest earnings news from big-name tech companies.
Shares of Alphabet (GOOGL) are surging by 11.3 percent in pre-market trading after the Google parent reported better than expected first quarter results and authorized its first-ever dividend as well as a $70 billion stock buyback.
Software giant Microsoft (MSFT) is also seeing substantial pre-market strength after r...