India, Feb. 14 -- Following the rally seen in the previous session, stocks may give back ground in early trading on Friday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent.
Traders may look to cash in on yesterday's surge, which saw the S&P 500 end the day just shy of its record closing high.
Concerns about the strength on the economy may also weigh on Wall Street after the Commerce Department released a report showing retail sales in the U.S. fell by much more than expected in the month of January.
The report said retail sales slid by 0.9 percent in January after climbing by an upwardly revised 0.7 percent in December.
Economists had expected retail s...