The back-and-forth motion in the market continues, with the index futures pointing to a lower opening on Thursday.Meta Platforms, Inc.'s(NASDAQ:META) lukewarm second-quarter revenue guidance and commentary regarding investment punctured the stock, whileInternational Business Machines Corp.(NYSE:IBM) also fell on earnings. The tech space could come under pressure as traders digest these disappointments.

More tech earnings are on tap on Thursday, led by AI stalwartMicrosoft Corp.(NASDAQ:MSFT) andAlphabet, Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG)

Also weighing down on sentiment would be apprehensions regarding two key data due for the week...