India, Feb. 13 -- Stocks may move to the upside in early trading on Thursday, extending the recovery from the sell-off seen early in the previous session. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent.
The markets may benefit from optimism about a possible peace deal between Russia and Ukraine following comments from President Donald Trump.
Trump said he had a "lengthy and highly productive phone call" with Russian President Vladimir Putin and called Ukraine's NATO membership not "practical," raising expectations for an end to the war in Ukraine.
Meanwhile, traders have seemingly shrugged off another hotter than expected inflation reading, as the Labor...