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US futures fall with earnings

New York - US stock index futures fell on Thursday, ahead of data on the labour and housing markets, along with the latest round of corporate earnings results.

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

Sales are expected to climb slightly to 4.94 million against 4.9 million in the prior month.

The world's largest video-streaming company's quarterly earnings late Wednesday showed it added more than 2.3 million US customers in the fourth quarter.

The e-commerce giant reported earnings a day earlier and said activist investor Carl Icahn had submitted a proposal to spin off eBay's PayPal business, a plan the company dismissed.

Of the 80 companies in the benchmark S&P index that have reported, 61.3 percent have topped analyst expectations, below both the long-term average of 63 percent and the 67 percent average over the past four quarters.

Dow Jones industrial average futures lost 69 points and Nasdaq 100 futures declined 4.5 points.

The manufacturing survey in China pulled Asian markets lower. - Reuters

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