Trading in the U.S. index futures suggests that Wall Street stocks may open slightly higher on Friday after yesterday's lackluster showing. Asian stocks closed mixed in an uneventful session, while the European markets are trading in a lackadaisical fashion. The domestic markets may now focus on a couple of economic data on consumer spending and regional manufacturing activity.
Asian stock markets are mostly trading lower on Friday, tracking the negative lead overnight from Wall Street and on worries about the escalating tensions between Ukraine and Russia.
U.S. stocks finished lower on Thursday, with the S&P 500 snapping a three-session win streak to end below 2,000.
The optimism that has recently driven the major averages to strong gains was never present today despite a better-than-expected reading on second quarter GDP.
Revised figures announced...