India, March 27 -- The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction following the sharp pullback seen in the previous session.
While President Donald Trump's announcement that he will impose 25 percent tariffs on auto imports may generate some negative sentiment, the news may already be priced into the markets after the White House revealed Trump would be making the announcement during the trading day on Wednesday.
However, Trump's conflicting remarks about tariffs may lead to continued uncertainty on Wall Street, keeping some traders on the sidelines.
Trump told reporters the reciprocal tariffs set to take effect next week will "very lenient" but threa...