After closing higher for four consecutive sessions, stocks are likely to give back ground in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 1 percent.
Technology stocks are likely to lead the pullback on Wall Street after helping drive the rally seen over the past several sessions.
A steep drop by Meta (FB) is likely to weigh on the tech sector, with the Facebook parent plunging by 23.1 percent in pre-market trading.
