India, April 9 -- The major U.S. index futures are currently pointing to a lower open on Thursday, with stocks likely to give back ground following the substantial rally seen in the previous session.
Traders may look to cash in on Wednesday's strong gains amid concerns about the fragility of the ceasefire in the Middle East, with Iran accusing the U.S. and Israel of violating the agreement.
Iran's deputy foreign minister Saeed Khatibzadeh claimed in an interview with the BBC that Iran has once again closed the Strait of Hormuz.
Khatibzadeh argued Israeli attacks on Lebanon earlier in the day were an "intentional grave violation" of the ceasefire agreement.
Crude oil futures have shown a notable rebound in reaction to the news, with U.S....