U.S. stocks are expected open lower after unexpectedly downbeat China data and disappointing results for Wal-Mart Stores Inc.Shares of Facebook Inc. fell in premarket a day after the company stunned Wall Street with a deal to buy Internet-based mobile texting app WhatsApp. Jobless claims, consumper price data, Philly Fed and leading economic indicators are still to come. .
Futures for the Dow Jones Industrial Average fell 37 points, or 0.2%, to 15,979, while those for the S&P 500 index eased 5 points, or 0.3%, to 1,820.50. Futures for the Nasdaq 100 index fell 15.50 points,or 0.4%, to 3,639.25.
A packed data calendar kicks off with weekly jobless claims, which Wall Street will be eyeing for larger clues on labor market trends, as well as consumer prices, both due at 8:30 a.m. Eastern Time. Inflation at the consumer level is expected to stay on the quiet side for January, rising a seasonally adjusted 0.1%.
Futures for the Dow Jones Industrial Average fell 37 points, or 0.2%, to 15,979, while those for the S&P 500 index eased 5 points, or 0.3%, to 1,820.50. Futures for the Nasdaq 100 index fell 15.50 points,or 0.4%, to 3,639.25.
A packed data calendar kicks off with weekly jobless claims, which Wall Street will be eyeing for larger clues on labor market trends, as well as consumer prices, both due at 8:30 a.m. Eastern Time. Inflation at the consumer level is expected to stay on the quiet side for January, rising a seasonally adjusted 0.1%.