* The economic calendar will keep markets busy
in the last trading day of the month. The S&P and Dow
industrials are on track to close their four month of gains in a
row, while the Nasdaq Composite could close its first positive
month in three.
* Data on personal consumption and income for April is due at
8:30 a.m. EDT (1230 GMT) while May's Chicago purchase managers
index is expected shortly after the market opens. At 9:55 a.m.
(1355 GMT) the Thomson Reuters/University of Michigan May
reading on consumer sentiment is due.
* S&P 500 e-mini futures were down 2 points and fair value - a
formula that evaluates pricing by taking into account interest
rates, dividends and time to expiration on the contract -
indicated a slightly lower open. Dow Jones industrial average
e-mini futures fell 9 points and Nasdaq 100 e-mini futures lost
2 points.
* Equity markets continue to keep an eye on Treasury yields. The
10-year Treasury note yield rose to around 2.47 percent, near an
11-month low hit during Thursday's session.
* Apparel retailers Express and Guess forecast disappointing
profits for the current quarter amid a sluggish revival in
consumer spending. Express shares fell 13 percent in premarket
trading.
* Shares of Infoblox tumbled 32 percent in premarket trading
after the network equipment maker forecast a lower-than-expected
profit for the current quarter and said its chief executive
would step down.
* Data analytics software maker Splunk reported a bigger
quarterly loss Thursday as expenses nearly doubled.. Its shares
fell 8.9 percent in premarket trading.
(Reporting by Rodrigo Campos; Editing by Bernadette Baum)
[© 2014 Thomson Reuters. All rights
reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|