India, March 6 -- The major U.S. index futures are currently pointing to a notably lower open on Thursday, with stocks likely to move back to the downside after recovering from early weakness to end the previous session sharply higher.
Ongoing concerns about the economic impact of President Donald Trump's new tariffs on Canada, Mexico and China may lead traders to cash in on yesterday's gains.
While Trump's decision to grant a one-month tariff exemption for automakers contributed to the turnaround on Wednesday, uncertainty about further exemptions may weigh on Wall Street.
A report from Bloomberg said Trump is considering exempting certain agricultural products from the tariffs imposed on Canada and Mexico.
Traders may also look to move...