US STOCKS-Wall St to drop at open on global economic worries

miércoles 14 de enero de 2015 10:07 GYT

* World Bank cuts global growth forecasts

* JPMorgan falls in premarket after earnings

* Freeport McMoRan drops on copper weakness

* Retail sales fall short of estimate

* Futures off: Dow 237 pts, S&P 25.25 pts, Nasdaq 41 pts (Adds quote, data, updates futures prices)

By Chuck Mikolajczak

NEW YORK, Jan 14 (Reuters) - U.S. stocks were set for a sharply lower open, putting equities on track to extend a three-day drop, as worries over weak economies globally continued to pressure commodities and as U.S. retail sales for December fell short of expectations.

Copper touched its lowest since July 2009 and were last down 5 percent at $5,570 a tonne after the World Bank cut its global forecast for economic growth in 2015 and next year. Shares of Freeport McMoRan Inc lost 8 percent to $19.36 before the opening bell.

Brent crude fell to a low of $45.59 before easing to trade down 0.7 percent to $46.26, while U.S. crude was off 0.9 percent at $45.49 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).   Continuación...