Lower opening expected
US earnings and EU forecast issues
Stock index futures pointed to a mixed open on Friday as investors focused on Europe where finance ministers were due to sign off on conditions attached to the release of bailout funds for Spain’s ailing banking sector.
The DOW is projected DOWN -0.29%, the S&P 500 -0.31% while the NASDAQ futures are also DOWN -0.11%
EU equity markets trade slightly lower, shrugging off positive earnings data amid nagging worries over the outlook for Spain’s borrowing costs while Asian stocks trade mostly lower, as Japanese financials drag the Tokyo market sharply downward, while China telecom shares are stand-outs in Hong Kong
Related Posts
Categories: RegMed Daily Pre-Open
