U.S. Stock Futures Lower as Traders Take Profits

Premarket futures were indicating a lower open for stocks on Wall Street in an abbreviated Friday trading session as traders looked to take profits from recent rallies.

Investors will be watching closely the retailers as shoppers flocked to stores to kick off the holiday shopping season.

Futures for the S&P 500 were down 5.8 points at 884 and were 3.1 below fair value. Nasdaq futures were lower by 13 at 1182 and were 11 short of fair value. Stock markets in the U.S. close at 1 p.m. EST. ...