US STOCKS-Futures flat on oil pullback; economic data awaited

jueves 29 de septiembre de 2016 07:29 GYT

* Futures down: Dow 6 pts, S&P 1.75 pts, Nasdaq 4.75 pts

By Yashaswini Swamynathan

Sept 29 (Reuters) - U.S. stock index futures were little changed on Thursday as oil prices lost ground and investors braced for a heavy dose of economic data and comments from Federal Reserve officials.

* An agreement among major oil producing countries to curb output resulted in a near 6 percent surge in Brent crude prices on Wednesday, but the lack of details of the deal led to profit taking a day later. The commodity was down 0.88 percent.

* Wall Street ended higher on Wednesday as the oil rally lifted shares of energy companies.

* Yellen speaks on banking and the economy at 4:00 p.m. ET (2000 GMT) in Washington and her comments will be parsed for any hints on the future path of interest rates.

* Fed Board Governor Jerome Powell and Kansas City Fed President Esther George, members who vote on interest rates, are also among those scheduled to speak on Thursday.

* The markets have been captive to every deliberation by the central bank as its officials remain divided over whether the U.S. economy is strong enough to absorb a rate hike in the near term.

* Analysts say the markets are likely to face increased volatility as the U.S. presidential election nears, while investors also prepare for the upcoming third-quarter corporate earnings season.   Continuación...