India, May 5 -- The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to regain ground after coming under pressure over the course of the previous session.
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.
The substantial decrease by the price of crude oil comes despite lingering concerns about escalating tensions in the Middle East.
In an interview with Fox News on Monday, President Donald Trump warned Iran would be "blown off the face of the earth" if it targeted U.S. ships safeguarding commercial traffic through the Strait of Hormuz....