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* Futures down: Dow 0.10%, S&P 0.15%, Nasdaq 0.67%
By Medha Singh
July 24 (Reuters) - U.S. stock index futures fell on Friday following heightened tensions between the United States and China, and as Intel's shares slumped after reporting a delay in a developing new chip technology.
World stocks also took a hit after Beijing ordered the Washington to close its consulate in the city of Chengdu, responding to a U.S. demand this week that China close its Houston consulate.
Rival Advanced Micro Devices Inc
The S&P 500 pulled back from a five-month high on Thursday, weighed down by losses in technology stocks, a surprise increase in U.S. jobless claims and Washington's tug-of-war over stimulus measures.
U.S. Senate Republicans will unveil their proposal next week for a fresh round of coronavirus aid, including more direct payments to Americans and a partial extension of enhanced unemployment benefits, Senate Majority Leader Mitch McConnell said on Thursday.
At 6:31 a.m. ET, Dow e-minis were down 27 points,
or 0.1%, S&P 500 e-minis
FAANG group of stocks — Facebook Inc
Of the 113 S&P 500 companies that have reported quarterly results, 77% of them have beaten dramatically lowered profit estimates, according to IBES Refinitiv data.
Investors will be keeping an eye on earnings reports from
oilfield services provider Schlumberger NV
On the economic calendar, Markit manufacturing and services PMI surveys are due at 9:45 a.m. ET, while new home sales data is expected at 10 a.m. ET. (Reporting by Medha Singh and Devik Jain in Bengaluru; Editing by Shounak Dasgupta) ((Medha.Singh@thomsonreuters.com; within U.S. +1646 223 8780, outside U.S. +91 80 6749 1130; Twitter: https://twitter.com/medhasinghs)) Keywords: USA STOCKS/