Wall Street may be bracing for more losses on Thursday, as indicated by the U.S. index futures, which point to a steeply lower opening. Crude oil continues to trade lower, while the rest of commodities are firmer despite the dollar rising against most currencies, except the euro. The European markets are also trading notably lower after Asian stocks were sold-off. The Chinese market took another tumble after yesterday’s rebound. The domestic markets, though pushed to the corner due to risk aversion, may react to economic data on jobless claims, regional manufacturing activity and existing home sales.