US STOCKS-Futures flat ahead of retail sales data

jueves 12 de junio de 2014 07:39 GYT

* Retail sales seen rising 0.6 percent in May

* Geron rallies in premarket after FDA move

* Semiconductor index in longest rally in its history

* Indexes up: Dow 2 pts, S&P 0.6 pt, Nasdaq 5.75 pts

By Ryan Vlastelica

NEW YORK, June 12 (Reuters) - U.S. stock index futures were flat on Thursday as investors looked ahead to data on retail sales and the labor market, taking a pause after the S&P 500's biggest one-day drop in three weeks.

* The S&P has fallen for two straight days, while the Dow snapped a four-day streak of records on Wednesday. However, the market's uptrend is still seen intact, and the benchmark S&P remains less than 0.4 percent away from its record close.

* Low volume and low volatility have marked recent sessions, with indexes trading in a tight range amid an absence of major trading events.

* There could be catalysts at 8:30 a.m. (1230 GMT), with the release of retail sales and jobless claims data. May retail sales are seen rising 0.6 percent, up from the 0.1 percent growth rate in April, while weekly jobless claims are seen falling by 2,000 to 310,000. May import and export prices will also be released at 8:30, and are seen rising 0.2 percent and 0.1 percent, respectively.   Continuación...