The major U.S. index futures are currently pointing to a modestly lower open on Thursday, with stocks likely to give back ground following the strong upward move seen over the course of the previous session.
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Stocks moved mostly higher early in the session and continue to turn in a strong performance in afternoon trading on Wednesday. The major averages are adding to the modest gains posted in the previous session, with the S&P 500 reaching a new record intraday high.
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Stocks have moved mostly higher during trading on Wednesday, with the major averages adding to the modest gains posted in the previous session. With the upward, the S&P 500 has reached a new record intraday high just shy of 5,000.