U.S. Stocks May Give Back Ground After Yesterday’s Rebound

Stocks may move to the downside in early trading on Tuesday, giving back ground following the strong upward move seen in the previous session. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent.

The downward momentum on Wall Street comes amid a rebound by the price of crude oil, as international benchmark Brent crude futures have jumped back above $100 a barrel.