Profit Taking May Lead To Early Pullback On Wall Street
The major U.S. index futures are pointing to a lower opening on Thursday, with stocks likely to give back some ground after moving higher over the two previous sessions. Traders may cash in on the recent gains, which were spurred in part by a sharp jump by the price of crude oil following news of an OPEC production cut.
9/29/2016 4:18:51 PM After initially showing a lack of direction, stocks came under pressure over the course of the trading session on Thursday. With the pullback on the day, the major averages partly offset the gains posted in the two previous sessions.