India, Aug. 19 -- After trending lower over the past few sessions, stocks may move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent.
The futures recently advanced amid a downturn by the price of crude oil, which had moved notably higher over the past three sessions.
U.S. crude oil futures have slipped into negative territory after surging as much as 1.3 percent to their highest levels in almost three weeks.
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