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. “Today�s 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 yesterday�s 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 today�s 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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