India, Feb. 19 -- Following the long holiday weekend, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 62 points.
Profit taking may contribute to initial weakness on Wall Street following the strong upward move shown by stocks last week.
The advance seen last Friday lifted the Dow and the Nasdaq to their best closing levels in three months and the S&P 500 reached a two-month closing high.
Uncertainty about the potential for a trade deal between the U.S. and China may also weigh on the markets as the next round of trade talks get underway in Washington, D.C. this week.
News that China accused the U.S. of atte...