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Stock Futures Edge Lower Ahead of Data

By Matt Jarzemsky U.S. stock futures edged lower Friday as investors awaited readings on consumer spending and confidence. More than an hour before the opening bell, Dow Jones Industrial Average futures dipped 10 points, or 0.1%, to 16671. S&P 500 futures edged down two points, or 0.1%, to 1916, while Nasdaq-100 futures eased two points, or 0.1%, to 3733. Changes in stock futures prices don't always accurately predict stock moves after the opening bell. The S&P 500 and the Dow are on pace to cap their second-straight weekly gains and their fourth-straight monthly advances. A better-than-expected first-quarter earnings season and improving readings on employment, manufacturing and other segments of the economy have had investors sticking with bullish bets of late. Friday brings readings on income and spending in the U.S. Economists forecast government data on personal income will show a 0.4% advance for April, according to a Wall Street Journal poll. Consumer spending is expected to have risen 0.1% for the month while the core PCE index, the Federal Reserve's preferred measure of inflation, is seen rising 0.2%. Later on Friday morning, the Thomson Reuters and University of Michigan's consumer sentiment index for May is expected to show a final reading of 82.5, up from the month's preliminary estimate of 81.8. Write to Matt Jarzemsky at matthew.jarzemsky@wsj.com

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
04/24/201517:07:48Nasdaq Composite, S&P 500 Close at New Highs
04/24/201516:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in NASDAQ...
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04/24/201512:16:18U.S. Technology Stocks Extend Gains
04/24/201511:48:39Photo Release -- Nasdaq Welcomes Apigee Corporation (Nasdaq:...
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04/24/201506:00:00Apigee Corporation (Nasdaq: APIC) to Ring The Nasdaq Stock Market...
04/24/201504:49:30NASDAQ OMX Group Stock Rating Lowered by Portales Partners (NDAQ)
04/23/201520:07:08Nasdaq Climbs to a Record, Again Fueled by Tech
04/23/201520:03:17Nasdaq Surge Lifts Internet Boosters of the Past
04/23/201517:02:33Nasdaq Composite Closes at Record High
04/23/201515:47:20Nasdaq Composite Rises Above March 2000 Record Close
04/23/201514:00:15Nasdaq Composite Rises Above March 2000 Record Close
04/23/201513:25:31Nasdaq Composite Rises Above March 2000 Record Close
04/23/201513:20:53U.S. Stocks Edge Lower
04/23/201513:11:04Nasdaq's Profit Drops on Expenses--2nd Update

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