India, July 17 -- After ending yesterday's volatile session modestly higher, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by less than a tenth of a percent.
Traders may be reluctant to make significant moves as they digest the latest earnings news while also keeping an eye on the feud between President Donald Trump and Federal Reserve Chair Jerome Powell.
A slew of U.S. economic reports were also released this morning, with traders seemingly taking time to digest the data.
The Commerce Department released a report showing retail sales in the U.S. rebounded by much more than expected in the month of June....