US STOCKS-Wall St to open lower on weak data, earnings

jueves 23 de abril de 2015 09:16 GYT
 

* Jobless claims rise for third straight week

* Pepsi, P&G, 3M blame strong dollar for missing estimates

* GM falls after revenue falls short of forecast

* Futures down: Dow 66 pts, S&P 6 pts, Nasdaq 9 pts (Adds comment, data, updates prices)

By Tanya Agrawal

April 23 (Reuters) - U.S. stocks were set to open lower on Thursday weighed by soft data out of Europe and China, while companies such as Procter & Gamble and 3M joined others in issuing disappointing forecasts.

A slight but unexpected rise in U.S. applications for unemployment insurance also pressured equity futures lower.

Business activity slowed more than expected in the euro zone this month while manufacturing in Asia's top two economies hit the brakes, suggesting the global recovery path is less clear than policymakers are predicting.

Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 295,000 for the week ended April 18, above the forecast of 290,000.   Continuación...