US STOCKS-Wall St to open flat with focus on dollar moves

martes 24 de marzo de 2015 09:20 GYT
 

* Google up 1 pct as CFO to move in from Morgan Stanley

* Whiting Petroleum shares tumble after share, note offering

* Futures little changed (Updates prices, adds data, comment)

By Rodrigo Campos

NEW YORK, March 24 (Reuters) - U.S. stocks were set to open little changed on Tuesday, with futures fluctuating alongside the dollar after data showed an uptick in underlying inflation pressures and gains in home prices.

Traders are gauging how the Federal Reserve will react to economic data, as a June interest rate increase from the Fed remains on the table. The focus is on dollar's moves as the currency's strength threatens to cut into U.S. corporate earnings.

U.S. consumer prices rebounded in February as gasoline prices rose for the first time since June.

Markit's preliminary gauge of factory activity this month is due shortly after the opening bell.

Traders are "focusing on the effect on the dollar" after recent data, said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.   Continuación...