India, March 21 -- Stocks are likely to move to the downside in early trading on Friday, adding to the modest losses posted during Thursday's choppy session. 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 downward momentum on Wall Street comes amid ongoing concerns about the economic outlook along with rising geopolitical tensions and uncertainty about the impact of President Donald Trump's tariffs.
A steep drop by shares of FedEx (FDX) is also likely to weigh on the markets, with the delivery giant plunging by 9.0 percent in pre-market trading.
The slump by FedEx comes after the company reported slightly weaker than expected fiscal third quarter earnings ...