U.S. Stocks May Regain Ground Amid Pullback By Crude Oil

Stocks may move to the upside in early trading on Tuesday, regaining ground after coming under pressure over the course of the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent.

Early buying interest may be generated in reaction to a sharp pullback by the price of crude oil, as U.S. crude oil futures are plunging by more than 3 percent after spiking by more than 4 percent on Monday.