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NEW YORK (Reuters) – Stock index futures pointed to a flat opening on Wall Street on Friday, with futures for the S&P 500 up 0.03 percent, Dow designer futures up 0.02 proportionality and Nasdaq 100 futures downbound 0.01 proportionality at 4 a.m. EDT.

Shares in covering retailer Gap Inc (GPS.N) module be low push after it slashed its full-year profit outlook, locution higher price tags module not be sufficiency to offset ascension cotton costs, sending its shares downbound 15 proportionality in long trading. Gap shares traded in city (GPS.F) were downbound 17 percent.

John Malone's Liberty Media Corp (LINTA.O) has proposed buying Barnes & Noble Inc (BKS.N) for $1.02 billion, figure months after the largest U.S. bookstore concern place itself up for sale.

Big outflows from justness exchange-traded assets overwhelmed actively managed have mutual assets in the hebdomad ended May 18, patch municipal bond assets long their flow streak, data from Thomson Reuters Lipper showed on Thursday.

Overall, U.S.-domiciled justness assets suffered nearly $6 1000000000 in gain outflows, with the vast majority bleeding out of domestic-focused equities.

Oil prices recovered on weekday as traders seized the preceding session's dip as a quantity to behave up cargoes amid expectations that the concerns over supply disruptions in the Middle East and North Africa would move to support the market.

European stocks were up 0.4 proportionality in farewell trade, led by a 3 proportionality rise in BP (BP.L) after MOEX, a unit of Asian trading concern Mitsui & Co (8031.T) and a partner in BP's Macondo Gulf blowout well has agreed to clear the UK lubricator field $1.1 1000000000 toward the outlay of the lubricator spill.

Tokyo Electric Power Co (9501.T) reported a gain expiration of $15 1000000000 on weekday to account for the hardship at its Fukushima thermonuclear noesis plant, rating Japan's large non-financial loss, and it warned its future was uncertain. The consort said President Masataka Shimizu, 66, module step downbound to take domain for the hardship and irradiation leaks at the plant, making artefact for an insider, managing administrator Toshio Nishizawa, 60.

U.S. stocks edged higher on Thursday, with LinkedIn digit of the some standouts in an otherwise dull session as its shares doubled in their trading debut.

The Dow designer industrialized average (.DJI) gained 45.14 points, or 0.4 percent, to 12,605.32. The Standard & Poor's 500 Index (.SPX) rose 2.92 points, or 0.2 percent, to 1,343.60. The Nasdaq Composite Index (.IXIC) additional 8.31 points, or 0.3 percent, to 2,823.31. (Reporting by Blaise Robinson; Editing by Greg Mahlich)

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