US STOCKS-Futures imply lower open after recent rally

miércoles 23 de abril de 2014 08:41 GYT

* S&P 500, Nasdaq on six-day winning streak as of Tuesday

* Boeing rallies after results, outlook; P&G edges down

* Key earnings on tap; Apple, Facebook out after the close

* Futures down: Dow 14 pts, S&P 2.5 pts, Nasdaq 7.5 pts (Updates prices, adds details on Boeing, P&G results)

By Ryan Vlastelica

NEW YORK, April 23 (Reuters) - U.S. stock index futures pointed to a slightly lower open on Wednesday as the latest corporate earnings failed to inspire investors to keep pushing equities higher following six straight days of gains on both the S&P 500 and Nasdaq.

Equities have recently been boosted by corporate earnings, with a number of prominent names topping expectations, though companies have largely been beating reduced forecasts. According to Thomson Reuters data, profits are seen rising 1.1 percent this quarter, down from the 6.5 percent growth rate estimated at the start of the year.

* Boeing Co reported first-quarter revenue that beat expectations and lifted its core earnings forecast to reflect a tax settlement gain, sending shares up 2.7 percent to $131.05 in premarket trading. Fellow Dow component Procter & Gamble Co's earnings topped analyst forecasts, though shares edged 0.2 percent lower before the bell.

* Gilead Sciences Inc rose 3.8 percent to $75.60 in heavy premarket trading a day after the drugmaker reported a sharp profit increase, helped by sales of its hepatitis C drug. Gilead's results, like those of Netflix Inc , showed there was still room to grow in high-flying names that recently plunged on signs of excessive valuation.   Continuación...