Futures dip with jobs, inflation data on tap
Stock index futures dipped on Thursday, one day after the Dow pushed to a 17-month high, while investors awaited data on consumer inflation and the labor market.
* Adding caution, Greece's prime minister warned his country would not be able to make planned deficit cuts unless it can borrow money cheaply and said he would prefer not to have to turn to the International Monetary Fund for help. Worries over Greece's fiscal situation weighed on world stocks and the euro.
* A pullback in Thursday's session would snap a seven-day winning streak for the Dow, its longest since an eight-session run in August 2009. Volume, however, has been lackluster ahead of key options expirations on Thursday and Friday, when four different types of options and futures contracts expire in a convergence known as quadruple witching.
* Investors were eyeing a round of morning economic reports, with weekly initial jobless claims and the consumer price index for February expected at 8:30 am (1330 GMT). The regional Philadelphia Fed survey is due at 10:00 am.
* S&P 500 futures fell 1.3 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were flat and Nasdaq 100 futures were off 3 points.
* Nike Inc
* Google Inc
* Stocks gained on Wednesday after a benign February inflation reading supported the Federal Reserve's renewed pledge of low interest rates.
(Reporting by Leah Schnurr; Editing by Padraic Cassidy)
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