US STOCKS-Indexes set for steep drop at open as crude plunges

viernes 15 de enero de 2016 09:58 GYT

* Oil prices drop 5 pct

* All 30 Dow stocks down premarket

* Intel down on growth worries

* Citi, Wells Fargo fall after results

* Futures down: Dow 405 pts, S&P 48.75 pts, Nasdaq 122.25 pts (Adds details, comment, updates prices)

By Abhiram Nandakumar

Jan 15 (Reuters) - Wall Street were set to open sharply lower on Friday, as oil prices dived below $30 per barrel, sending fresh tremors through financial markets globally as investors fret about a prolonged economic slowdown.

Brent crude prices, which have fallen 20 percent this year, were down nearly 5 percent as the market braced for oil from Iran to flood an already oversupplied market.

World stocks were set for a third straight week of losses.   Continuación...