The major U.S. index futures point to a moderately lower opening on Thursday, potentially adding to the losses stocks incurred in the previous session.
On Wednesday, the major averages retreated, as rate worries and profit-taking following two straight sessions of solid gains exerted downward pressure on stocks. The market opened lower and fell further in early trading as traders digested better-than-expected private payroll data. Stocks, however, cut their losses over the course of the session and yet closed modestly lower.
