US STOCKS-Wall St set for slight gain after sell-off, GE results

viernes 18 de julio de 2014 08:41 GYT

* GE climbs in premarket after results

* Preliminary July UMich reading on tap

* Futures up: Dow 11 pts, S&P 3 pts, Nasdaq 12.75 pts (Updates prices, adds Honeywell earnings)

By Chuck Mikolajczak

NEW YORK, July 18 (Reuters) - U.S. stocks were poised for a slightly higher open on Friday, after the S&P 500 suffered its worst decline since April 10 and was on track for a second straight weekly decline, ahead of data on consumer sentiment.

* Investors will continue to monitor geopolitical tensions, as world leaders demanded an investigation after a Malaysian airliner was downed at the Ukraine-Russia border and Israel announced the start of a Gaza ground campaign on Thursday.

* The CBOE Volatility index surged 32 percent to 14.54 in the prior session, its biggest jump since April 2013, as the conflict in both the Middle East and Eastern Europe escalated. However, the index still remains well below its historical average of around 20.

* General Electric advanced 1.1 percent to $26.89 before the opening bell after the conglomerate posted growth in second-quarter earnings that matched expectations.

* Google Inc gained 3.2 percent to $599.53 in premarket after the world's No.1 Internet search company posted second-quarter results and said its chief business officer would leave the company.   Continuación...