Profit Taking May Contribute To Initial Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to give back ground after moving sharply higher last week. Traders may look to cash in on last week's rally, which saw the major averages stage a significant recovery from the sharp pullback seen earlier in November.The major averages have closed higher for five consecutive sessions, clawing their way back toward their record highs.Stocks have recently benefitted from renewed optimism about the outlook for int ...