US STOCKS-Futures fall on global growth concern, JPMorgan results

miércoles 14 de enero de 2015 09:38 GYT

* World Bank cuts global growth forecasts

* JPMorgan falls in premarket after earnings

* Freeport McMoRan drops on copper weakness

* Futures off: Dow 106 pts, S&P 11.25 pts, Nasdaq 19 pts (Adds premarket actives)

By Chuck Mikolajczak

NEW YORK, Jan 14 (Reuters) - U.S. stock index futures declined on Wednesday, putting equities on track to extend a three-day skid, as global demand worries continued to put pressure on commodities such as oil and copper.

Copper touched its lowest since July 2009 and were last down 5.1 percent at $5,353.25 a tonne after the World Bank cut its global forecast for economic growth in 2015 and next year. Shares of Freeport McMoRan Inc lost 5.7 percent to $19.85 before the opening bell.

Brent crude fell to a low of $45.59 before easing to trade down 0.3 percent to $46.45, while U.S. crude was off 0.4 percent at $45.70 after falling as low as $45.01. The Energy Information Administration's oil inventory report is due at 10:30 a.m. EST (1530 GMT).

Adding to the pressure, JPMorgan Chase & Co fell 2.1 percent to $57.60 after the biggest U.S. bank by assets reported a 6.6 percent drop in quarterly profit. Wells Fargo & Co slipped 0.8 percent to $51.45 after posting quarterly results.   Continuación...