Stock futures point to weaker Wall St open (Reuters)

Friday, February 11, 2011 4:01 AM By dwi

(Reuters) – Wall Street is set for a weaker unstoppered on Friday, with futures for the S&P 500, Dow designer and Nasdaq futures downbound 0.4 proportionality to 0.6 proportionality at 1117 GMT.

A light earnings news period is focused around Coca-Cola Enterprises, Inc and SCANA Corp, both of which are cod to promulgation before the mart opens.

On the macroeconomic front, composer Reuters/University of Newmarket consumer view accumulation is cod discover at 1455 GMT. Economists in a Reuters analyse wait a datum of 75.0 compared with 74.2 in the final January report.

Nokia (NOK1V.HE) and Microsoft (MSFT.O) teamed up to physique an iPhone dolphin on weekday in a fearless attempt to take on Google and Apple in the fast-growing smartphone market. Microsoft shares in city (MSFT.F) chromatic 0.6 percent.

Elliott Associates, the $17 billion U.S. inclose fund, added its vocalise to demands that chemicals giant DuPont improve its $5.8 billion effort for Danisco (DCO.CO), the Nordic maker of matter ingredients and enzymes.

Brent lubricator prices chromatic above $101 a barrel after Egypt's President Hosni solon refused to step down, stoking fears that the ascension tensions could disrupt lubricator flows or distribute to major producers in the region.

The S&P and Nasdaq eked discover gains in the final transactions of trading on weekday as Afrasian President Hosni solon said he would not step down, but assign powers to the vice president.

The Dow designer industrial average winking (.DJI) downbound 0.1 percent, while the Standard & Poor's 500 Index (.SPX) and Nasdaq Composite Index (.IXIC) both winking was up 0.1 percent.

(Reporting by Simon Jessop; Editing by Hans Peters)


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