Stock futures were in the red early on Friday as a four-day streak of gains may be coming to an end. Investors appeared rattled by the situation in Europe.
Dow futures fell 34 points to to 11,341; S&P 500 futures fell 4.1 points to 1,200.1.
Treasury Secretary Tim Geithner is attending a meeting of Euro Zone finance ministers in today in Poland. “Todays meeting will help to set the tone for future trading activity but also for the health of the European economy,” said John Douthwaite, CEO of broker SimplyStockbroking. “Following yesterdays euphoria, the reminder of the uncertain future is again brought to the fore and there will be many with a close eye on the aftermath of todays discussions.”
Research in Motion Limited (RIMM) fell 24% in pre-market action after issuing weak guidance. 99 Cents Only Stores (NDN) rose 10% on a report that the company could be bought out by private equity firm Apollo Global Management.
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