India, May 28 -- After ending yesterday's choppy trading session modestly higher, stocks may move back to the downside in early trading on Thursday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent.

A rebound by the price of crude oil may weigh on Wall Street amid concerns about a re-escalation of the conflict between the U.S. and Iran.

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