US futures dip with global concerns in view

New York - US stock index futures edged lower on Thursday as global geopolitical and economic uncertainty gave investors few reasons to buy despite a sharp selloff in the previous session.

The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS

The country's hryvnia currency dropped to near five-year lows while the country's state debt insurance costs rose to their highest since December 2009.

Shares fell 4.2 percent to $65.20 in heavy premarket trading.

If the premarket move holds, it would take the stock to an all-time high and build on its year-to-date advance of almost 29 percent.

Dow Jones industrial average futures slid 11 points and Nasdaq 100 futures lost 7.5 points.

In addition, the February Philadelphia Fed business index is seen falling from the prior month.