www.varchev.com

U.S. stocks: Futures pitch lower with Goldman, inflation data ahead

U.S. stock-index futures on Friday pointed to a lower open for Wall Street, extending solid losses from the previous session.

The corporate focus for U.S. investors will be earnings from Goldman Sachs Group Inc. GS, -0.97% — on the heels of a bumpy week for bank results — and Charles Schwab Corp SCHW, -2.06% Also possibly set to see pressure is Schlumberger Ltd. SLB, -2.25% after the oil-services provider said it will take a $296 million charge for cutting 9,000 jobs. Shares in Intel, which also reported late Thursday, could be active.

Several hours ahead of the open of U.S. trade, futures for the Dow Jones Industrial Average DJH5, -0.34% were down 45 points, or 0.3%, to 17,240, while those for the S&P 500 SPH5, -0.11% slid 5.2 points, or 0.3%, to 1,984.10. Nasdaq 100 futures NDH5, -0.34% were off 0.5%, or 19 points, to 4,070.25.

Both the dollar USDCHF, +4.27% and the euro EURCHF, +4.35% edged up some against the Swiss franc on Friday.

Data for Friday out of the U.S. includes consumer prices for December, due at 8:30 a.m. Eastern Time. Industrial production and capacity utilization for the same month at 9:15 a.m. Eastern. Consumer sentiment for January is due at 9:55 a.m. Eastern.


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance