US STOCKS-Wall St set for lower open on China clampdown worry
* China action deepens worry of short-selling
* GE, Honeywell blame strong dollar for lower revenue
* Consumer Price Index up 0.2 pct
* Futures down: Dow 156 pts, S&P 14.25 pts, Nasdaq 38 pts (Adds details, comment, updates prices)
By Tanya Agrawal
April 17 (Reuters) - U.S. stock index futures pointed to a lower opening on Friday on investor concerns over reports of a regulatory clampdown on trading in China, a move that potentially would be negative for a recently flow of money into Chinese exchanges.
China has allowed fund managers to lend stocks for short-selling, in order to increase the supply of shares.
China H-Share index futures were down more than 4.24 percent at 1247 GMT. Global equities also lost ground on fears over the clampdown in China.
"There restrictions on short selling have been lifted in China and when one market sneezes, the rest of them usually react," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. Continuación...