US Stock Futures Mixed As Investors Await Several Economic Data, Intel Reports Strong Earnings

US stock futures are mixed, as investors are awaiting several economic reports. Intel Corp INTC posted upbeat quarterly earnings. China again lifted its reserve-requirement ratio for banks. Futures on the Dow Jones Industrial Average dropped 20 points to 11,663.00, while S&P 500 futures declined 2.20 points to 1,279.10. Nasdaq 100 futures gained 2.25 points to 2,305.00. US stocks closed lower Thursday, with the Dow Jones Industrial Average dropping 0.20%, the Nasdaq Composite declining 0.07% and the S&P 500 losing 0.17%. December retail sales and December consumer-price index will be released on Friday. December industrial-production data and the University of Michigan's gauge of January consumer sentiment will also be released later in the day. Intel reported its Q4 earnings at $0.59 per share, up from $0.40 per share, in the year-ago period. The company's revenue came in at $11.46 billion, up from $10.57 billion, in the year-ago quarter. Wall Street expects JP Morgan Chase & Co JPM to report its Q4 EPS at $0.99 per share. Analysts are expecting M&T Bank Corp MTB to have earned $1.45 per share in its fourth-quarter. The People's Bank of China raised its reserve-requirement ratio for banks by half a percentage point. Negative sentiment ruled the European markets today. While STOXX Europe 600 Index has dropped 0.80%, London's FTSE 100 Index moved down 0.86%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.86%, Australia's S&P/ASX 200 moving up 0.14% and China's Shanghai Composite losing 1.29%. Gold futures fell 1.25% to $1,371 an ounce. Nymex crude-oil futures lost 0.98% to $91.40 a barrel in electronic trade. Read more from Benzinga's Markets.
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