US STOCKS-Futures lower on global growth concerns

jueves 7 de abril de 2016 07:29 GYT
 

* Futures down: Dow 75 pts, S&P 10 pts, Nasdaq 19.5 pts

By Abhiram Nandakumar

April 7 (Reuters) - U.S. stock index futures were lower on Thursday due to uncertainty about global growth and the Federal Reserve's plans to hike interest rates.

* Minutes from the Fed's March meeting released on Wednesday pointed to worries about the central bank's limited ability to tackle a global economic slowdown, reducing the odds of a rate increase before June.

* The minutes did little to quell concerns about the uncertainty surrounding the plan to raise rates this year.

* Traders are pricing in only one hike this year, with a near 60-percent chance of it coming in December, according to CME Group's FedWatch Program.

* Fed Chair Janet Yellen, who has urged caution on raising rates, is slated to speak on monetary policy along with former central bank chairmen in New York later in the day.

* Adding to the somber mood were comments by European Central Bank officials, supporting a further easing of monetary policy, amid growing concerns about an uncertain outlook for the global economy.

* The number of Americans filing for unemployment benefits fell to 270,000 last week from 276,000 the previous week, data due at 8:30 a.m. ET (1230 GMT) is expected to show.   Continuación...