Dow futures slip as Intel outlook hits mood, putting Dow Jones rally to the test
U.S. stock index futures dipped on Friday, with Dow Jones futures shedding 110 points, or 0.2%. Intel’s underwhelming earnings cast a shadow over Wall Street’s recent two-day rally. S&P 500 futures dropped 15 points, while Nasdaq 100 futures lost 90 points. Investors are now focused on January’s business-activity surveys and the University of Michigan’s consumer sentiment data due later this morning.