India, March 28 -- After ending yesterday's choppy trading session mostly lower, stocks are likely to see further downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent.
The futures came under pressure following the release of the Federal Reserve's preferred readings on consumer price inflation.
While the Commerce Department report showed consumer prices increased in line with economist estimates, core consumer prices rose by slightly more than expected.
The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen in the two previous months as well ...