US STOCKS-Futures point to flat open after recent rally

jueves 14 de agosto de 2014 08:54 GYT

* Cisco down in premarket after results, outlook

* Jobless claims rose more than expected in latest week

* Amgen shares fall in premarket after drug trial

* Dow down 2 pts, S&P down 0.5 pt, Nasdaq up 1.25 pt (Updates prices, adds economic data and Putin comments)

By Ryan Vlastelica

NEW YORK, Aug 14 (Reuters) - U.S. stock index futures pointed to a flat open on Thursday as investors found few reasons to buy following a sharp rally in the previous session and amid signs of weakness in Europe and ongoing uncertainty over Ukraine.

* Trading is likely to continue being driven by overseas issues, with the latest data out of Europe showing the euro zone's economy ground to a halt in the second quarter.

* Russian President Vladimir Putin said his country would stand up for itself but not at the cost of confrontation with the outside world, a conciliatory note after months of tough rhetoric over the crisis in Ukraine.

* In the latest U.S. data, jobless claims rose more than expected in the latest week, though the long-term trend was still viewed as positive. The claims data comes a day after retail sales report also pointed to waning economic momentum, though tepid data could give the Federal Reserve more support to move slowly on raising interest rates, a situation that favors equities.   Continuación...