This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Stock Futures Pointing to Lower Weekly Close

Stocks in this article: ^DJI ^GSPC ^IXIC PCLN JCP

NEW YORK ( TheStreet) -- U.S. stock futures were pointing to a lower opening on Friday, threatening to send stocks into negative territory for the week.

Futures for the S&P 500 were dropping 0.27%, to 1,689.25.

Futures for the Dow Jones Industrial Average were down 0.3%, to 15,405. Nasdaq futures were off 0.11% to 3,123.50.

Economic data was light for Friday as traders were expecting June wholesale inventories at 10 a.m. EDT. Economists polled by Thomson Reuters were expecting inventories to rise 0.4% after a dip in May of 0.5%.

Stocks gained Thursday after stronger-than-anticipated export data from China suggested to U.S. traders that a slowdown in the country would not be as significant as anticipated.

In company news, shares of Priceline (PCLN) were popping 6.3% to $992.93 after the online travel company beat earnings expectations. The company posted second-quarter earnings of $9.70 a share on $1.68 billion in revenue, while analysts were looking for $9.36 a share on revenue of $1.66 billion.

J.C. Penney (JCP) shares were pulling back on Friday a day after surging more than 6.5% on a report that activist billionaire investor Bill Ackman was urging the board to replace CEO Myron Ullman. Shares of the company were down 1.9% to $13.40 in premarket trading.

European markets were rising on Friday. The FTSE 100 in London was increasing 0.59%, and the DAX in Frankfurt was adding 0.2%.

Asian markets closed higher overnight. Japan's Nikkei average closed up 0.7% at 13,615. Hong Kong's Hang Seng climbed 0.7% to 21,808.

The benchmark 10-year was down 1/32, boosting the yield to 2.595%. The dollar was adding 0.09%, according to the U.S. dollar index .

-- Written by Joe Deaux in New York.

>Contact by Email.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs