Advertisement
UK markets close in 8 hours 4 minutes
  • FTSE 100

    8,357.87
    +3.82 (+0.05%)
     
  • FTSE 250

    20,488.65
    -3.34 (-0.02%)
     
  • AIM

    782.22
    +2.39 (+0.31%)
     
  • GBP/EUR

    1.1621
    -0.0002 (-0.02%)
     
  • GBP/USD

    1.2479
    -0.0018 (-0.14%)
     
  • Bitcoin GBP

    49,276.29
    -584.08 (-1.17%)
     
  • CMC Crypto 200

    1,311.07
    +10.97 (+0.84%)
     
  • S&P 500

    5,187.67
    -0.03 (-0.00%)
     
  • DOW

    39,056.39
    +172.13 (+0.44%)
     
  • CRUDE OIL

    79.45
    +0.46 (+0.58%)
     
  • GOLD FUTURES

    2,320.30
    -2.00 (-0.09%)
     
  • NIKKEI 225

    38,073.98
    -128.39 (-0.34%)
     
  • HANG SENG

    18,513.10
    +199.24 (+1.09%)
     
  • DAX

    18,552.92
    +54.54 (+0.29%)
     
  • CAC 40

    8,136.43
    +5.02 (+0.06%)
     

US STOCKS-Futures dip on weak results; durable goods data due

* Amazon shares tumble after larger-than-expected loss

* Baidu (Xetra: A0F5DE - news) jumps as net profit soars

* Futures off: Dow 17 pts, S&P 3 pts, Nasdaq 11 pts

NEW YORK, July 25 (Reuters) - U.S. stock index futures edged lower on Friday, weighed by weak results including those from Amazon, and ahead of data on durable goods.

* The S&P 500 closed Thursday at a record high and was within 0.5 percent of hitting 2,000.

* Data on orders for long-lasting U.S. manufactured goods for June is due at 8:30 a.m. EDT (1230 GMT).

* Amazon shares tumbled more than 10 percent in premarket trading after investment in new businesses cut into earnings and the company reported a much larger-than-expected loss in the second quarter.

ADVERTISEMENT

* S&P 500 e-mini futures were down 3 points and fair value - a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract - indicated a lower open. Dow Jones industrial average e-mini futures fell 17 points and Nasdaq 100 e-mini futures lost 11 points.

* Visa (Xetra: A0NC7B - news) shares fell 2.6 percent in premarket trading after the world's largest credit and debit card company cut its revenue forecast for the year.

* Pandora Media (NYSE: P - news) dropped 9 percent before the opening bell, after it forecast adjusted profit below analysts' estimates for the current quarter.

* On the upside, Baidu shares surged 8.7 percent in premarket trading after China's biggest Internet search company blew past Wall Street's targets with a 34.1 percent jump in quarterly net profit, helped by a surge in mobile revenue.

* RF Micro Devices (NasdaqGS: RFMD - news) rose 6.3 percent in premarket trading after it forecast quarterly results above market expectations on higher demand for its chips that connect devices such as Apple (NasdaqGS: AAPL - news) 's and Samsung's smartphones to networks. (Reporting by Rodrigo Campos; Editing by Bernadette Baum)