US futures fall

New York - US stock index futures dropped on Friday, putting the S&P 500 on track for a second week of declines, in the wake of a selloff in emerging market assets as expectations grew that the Federal Reserve will trim its stimulus measures further next week.

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

US-listed shares of Banco Bilbao Vizcaya Argentaria, S.A. fell 4.7 percent to $12.08 in premarket trade a day after the country's peso currency suffered its steepest daily decline in 12 years.

That resulted in the currency's steepest plunge since the 2002 financial crisis.

Procter & Gamble Co edged down 0.04 percent in light premarket trading after the world's largest household products maker reported a lower quarterly profit but left its 2014 sales growth forecast unchanged.

Dow Jones industrial average futures dropped 111 points and Nasdaq 100 futures lost 27.25 points.