India, Feb. 28 -- Following the sell-off seen over the course of the previous session, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.3 percent.
Traders may once again look to pick up stocks at reduced levels following recent weakness, which saw the Nasdaq plunge to a nearly four-month closing low in Thursday's session.
The Dow and the S&P 500 also ended the previous session at their lowest closing levels in over a month amid a slump by shares of Nvidia (NVDA).
Early buying interest may also be generated in reaction to a Commerce Department report showing closely watched readings on U.S. consumer pric...