US STOCKS-Wall Street set for flat open after four-day run

miércoles 12 de febrero de 2014 10:05 GYT
 

* Procter & Gamble dips after outlook

* Ford reports 53 percent increase in China sales

* Deere gains in premarket after quarterly results

* Futures up: Dow 9 pts, S&P 1 pt, Nasdaq up 5.5 pts

By Chuck Mikolajczak

NEW YORK, Feb 12 (Reuters) - U.S. stocks were poised to open little changed on Wednesday, after a four-day rally left the S&P 500 within striking distance of a fresh record high.

* The benchmark S&P index has risen 3.9 percent over the past four sessions, its longest winning streak of the year and best four-day performance in thirteen months. The index now stands 1.6 percent below its record closing high of 1,848.38 set on Jan. 15.

* Stocks rose in a broad rally on Tuesday as Congress agreed to advance legislation extending the borrowing authority of the United States and after the Federal Reserve's new chief Janet Yellen made no changes to the central bank's schedule for trimming stimulus.

* Procter & Gamble Co slipped 0.8 percent to $78.20 in premarket trading after the world's largest household products maker cut its sales and earnings outlook for the year on Tuesday to reflect unfavorable foreign exchange rates in Venezuela and the devaluation of currencies in various developing markets.   Continuación...