US STOCKS-Futures hold steady as earnings reports roll in

jueves 21 de abril de 2016 07:10 GYT
 

* Futures: Dow up 9 pts, S&P up 0.75 pts, Nasdaq flat

By Abhiram Nandakumar

April 21 (Reuters) - U.S. stock index futures were little changed on Thursday as oil prices steadied and investors braced for a barrage of earnings reports that could provide fresh catalysts to drive the market.

* Crude notched small gains after the International Energy Agency said 2016 would see the biggest fall in non-OPEC production in more than two decades.

* Global stocks edged up ahead of a meeting of the European Central Bank (ECB), which is widely expected to remain ultra-accommodative with its monetary policy.

* While the ECB and other central banks worldwide have been exploring further easing monetary policies to boost sluggish growth, the Federal Reserve has embarked on a plan to raise interest rates as the U.S. economy shows signs of resilience.

* Data at 8:30 a.m. ET (1230 GMT) is expected to show jobless claims rose to 263,000 last week from 253,000 the week before, as the strength in the labor market cools slightly.

* Investors are sharply focused on earnings reports for a reading on the health of corporate balance sheets amid the turmoil in the global economy and financial markets.

* S&P 500 companies are seen reporting a 7.5 percent fall in quarterly profit on average, and a 1.3 percent decline in revenue, according to Thomson Reuters I/B/E/S.   Continuación...