US Stocks Face Further Downside Amid Higher Yields and Oil Prices
US stocks are likely to see further downside in early trading on Thursday, following a pullback during Wednesday's session.
The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent.
This downward momentum comes as Treasury yields move modestly higher, building on the surge seen in the previous session.