India, Feb. 20 -- The major U.S. index futures are currently pointing to a lower open on Thursday, with stocks likely to move to the downside after moving modestly higher over the two previous sessions.
A slump by shares of Walmart (WMT) is likely to weigh on Wall Street, as the retail giant is tumbling by 6.6 percent in pre-market trading.
The steep drop by Walmart comes after the company reported better than fiscal fourth quarter earnings but provided disappointing guidance for the current year.
Traders may also look to cash in on the recent upticks by stocks, which have lifted the S&P 500 to record highs despite ongoing tariff concerns and indications the Federal Reserve is likely to keep interest rates on hold for some time.
Stocks ...