US STOCKS-Wall St set for flat open; Barclays lawsuit in focus

jueves 26 de junio de 2014 09:10 GYT

* U.S.-listed shares of Barclays down in premarket on fraud lawsuit

* GoPro to make Nasdaq debut after pricing IPO at top of range

* U.S. consumer spending misses expectations on weak services

* Futures: Dow up 7 pts, S&P flat, Nasdaq up 2.75 pts (Updates with data)

By Angela Moon

NEW YORK, June 26 (Reuters) - Wall Street was set for a flat open on Thursday after snapping a two-day losing streak, with focus on financial stocks following a fraud lawsuit against British bank Barclays.

* Market reaction was muted to economic reports that showed weekly jobless claims fell marginally last week while U.S. consumer spending rose less than expected in May.

* Alcoa Inc shares rose 5.3 percent in premarket trade after the company agreed to buy aircraft parts maker Firth Rixson from private equity firm Oak Hill Capital Partners for $2.85 billion in cash and stock.

* Financial stocks were likely to be in the spotlight the New York State's attorney general filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting other customers from such traders.   Continuación...