U.S. stock futures gave up some ground gained earlier Friday
before the market open, but were still slightly higher in the wake
of positive manufacturing data Thursday and before home sales.
At 10:00 a.m., existing home sales in January are expected to
have dropped 4.1% compared to a 1% gain in December. At 01:45 p.m.
Dallas Fed President Richard Fisher will speak on the economic
outlook. He said last week that only something "truly frightening"
could cause him to rethink the pace of tapering.
In equities, Groupon (
) was down over 12% in pre-market trade, after warning of a Q1
adjusted loss and as RBC Capital cut the rating on the stock to
underperform with a $7 price target compared to $11 previously.
Dish Network (
) meanwhile was higher by more than 3% after Q4 earnings beat
U.S. PRE-MARKET INDICATORS
-Dow Jones Industrial up 0.09%
-S&P 500 futures up 0.10%
-Nasdaq 100 futures up 0.10%
-Nasdaq-100 Pre-Market Indicator up 0.19%
Nikkei up 2.88%
Hang Seng up 0.78%
Shanghai Composite down 1.01%
FTSE-100 up 0.17%
DAX-30 up 0.11%
PRE-MARKET SECTOR WATCH
(+) Large cap tech: flat to higher
(+) Chip stocks: flat to higher
(+/-) Software stocks: flat
(+) Hardware stocks: higher
(+) Internet stocks: higher
(+/-) Drug stocks: mixed
(+) Financial stocks: higher
(+/-) Retail stocks: mixed
(+/-) Industrial stocks: mixed
(+/-) Airlines: flat to higher
(+) Autos: higher
(+) HPQ (+0.8%) CEO Whitman expects more acquisitions
(+) ESC (+34.9%) Co will merge with Brookdale Senior Lving in
$2.8 billion deal
(+) WBAI (+3.1%) Q4 results beats views
(+) ISIS (+7.6%) Drug improves muscle function in spinal
(+) COMM (+17.6%) Beats earnings
(-) FLTX (-17.1%) Reports weaker than expected earnings
(-) TC (-6.4%) Q4 adjusted net loss widens
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