India, Aug. 21 -- After recovering from their worst levels but still ending Wednesday's trading mostly lower, stocks are likely to see continued weakness in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets with the S&P 500 futures down by 0.3 percent.
Lingering uncertainty about the outlook for interest rates may weigh on the markets ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium on Friday.
Powell's remarks could have a significant impact on the outlook for rates ahead of the Fed's next monetary policy meeting in September.
"Powell is likely to keep his cards close to his vest, emphasize that the Fed cares very much a...