India, Feb. 20 -- Stocks may move to the downside in early trading on Thursday, giving back ground after moving modestly higher over the two previous sessions. 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.
A slump by shares of Walmart (WMT) is likely to weigh on Wall Street, as the retail giant is tumbling by 6.6 percent in pre-market trading.
The steep drop by Walmart comes after the company reported better than fiscal fourth quarter earnings but provided disappointing guidance for the current year.
Traders may also look to cash in on the recent upticks by stocks, which have lifted the S&P 500 to record highs despite ongoing tariff concerns and indications t...