7/13/2018, 12:18 PM (Source: TeleTrader)
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Wall Street seen flat ahead of big bank earnings

United States stock market index futures point to a little-changed start on Friday as investors anticipate the release of quarterly earnings by big banks including JPMorgan, Wells Fargo and Citigroup. Meanwhile, US President Donald Trump arrived in the United Kingdom yesterday for a two-day working visit following a tense NATO summit in Brussels. After he attended a black-tie gala dinner at Blenheim Palace yesterday, he is set to meet with the UK Prime Minister Theresa May at Chequers later today, after which he will attend an official greeting with Queen Elizabeth II in Windsor Castle.

The Dow Jones is set to start just 0.01% above the flat line, while the Nasdaq 100 is expected to rise 0.03% at the opening bell. Meanwhile, the S&P 500 is also due for a little-changed start, slipping just 0.01%.

The euro was 0.32% lower against the dollar to sell for 1.1634 at 12:17 pm CET, while the pound lost 0.58% versus the greenback to go for 1.3129 at the same time.

Breaking the News / FH