US STOCKS-Futures little changed, S&P on track for flat week

viernes 20 de febrero de 2015 08:55 GYT
 

* S&P on track for flat week, Nasdaq up for 7 sessions

* Investors look for signs of progress with Greece deal

* Dow up 5 pts, S&P down 0.5 pt, Nasdaq up 1.5 pt (Updates prices, adds Deere results)

By Ryan Vlastelica

NEW YORK, Feb 20 (Reuters) - U.S. stock index futures were little changed on Friday, suggesting major indexes would end a quiet week with another day of slight moves as investors await clarity on a possible debt deal for Greece.

Euro zone finance ministers prepared another attempt at reaching a deal at a Eurogroup meeting in Brussels, although some analysts said it may take an emergency summit of the currency bloc in the coming week to finalize a pact. On Thursday, Germany rejected a Greek proposal for a six-month extension of its euro zone loan agreement, saying it fell short of conditions set by the country's euro zone partners.

While U.S. equities have little direct exposure to Greece, a relatively small economy in the euro zone, Wall Street has lately risen on any sign of progress in reaching an accord. Investors are concerned that if no deal is reached, forcing Greece out of the euro zone, that will lead to extended volatility with a major trading partner.

In company news, Deere & Co fell 0.9 percent to $90.85 in premarket trading after the farm equipment maker reported a drop of 43 percent in quarterly profit, hurt by a decline in sales.

Noodles & Co plunged 26 percent to $20.45 on heavy volume after the fast-casual restaurant chain operator gave an adjusted profit outlook that was below expectations.   Continuación...