Friday 1 July 2016

Wall Street Seen Lower Ahead Of Holiday Weekend



U.S. stock index futures indicated a lower open on Friday morning as traders eyed the release of a host of data ahead of the Fourth of July weekend.
Markit PMI data is set to come out at 9:45 a.m. ET, with ISM manufacturing data and construction spending due to be released at 10:00 a.m. Vehicle sales data is also set to come out today.

Loretta Mester, Cleveland Fed President, is due to speak at 11:00 a.m. ET in London at the European Economics and Financial Centre.
In Europe, the pan European Stoxx 600 Index was down by around 0.14 percent on Friday morning. In Asia, Japan's Nikkei closed 0.68 percent higher on Friday while in China, the Shanghai Composite closed 0.11 percent higher.
In oil markets, Brent crude traded at around $49.90 a barrel on Friday morning, up 0.33 percent, while U.S. crude was at around $48.49, up 0.33 percent.
Credit:CNBC

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