US STOCKS-Futures slip as investors focus on oil, earnings

viernes 15 de abril de 2016 07:29 GYT

* Futures down: Dow 27 pts, S&P 4.25 pts, Nasdaq 10.5 pts

By Yashaswini Swamynathan

April 15 (Reuters) - U.S. stock index futures were lower on Friday as investors await the outcome of a meeting of major oil producing countries to tackle a persistent global oversupply.

* Crude was down nearly 2 percent ahead of Sunday's meeting in Doha, where producers will discuss a production freeze.

* Global stocks reacted positively to Chinese data, which showed that the country's gross domestic product grew 6.7 percent in the first quarter, another sign that the world's second-largest economy was on the mend.

* U.S. big-bank earnings continue with Citigroup set to report before the bell.

* Investors will focus on earnings, while keeping a watchful eye on global economic conditions and monetary policies.

* Wall Street closed nearly flat on Thursday, with the S&P 500 closing at its highest since early December.

* A surge in oil and signs that the U.S. economy was recovering has helped the S&P 500 recoup early losses. The index is up nearly 2 percent for the year and is just over 51 points shy of its all-time high.   Continuación...