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Nov 18, 2016

U.S. Stock Market Future Indications - November 18, 2016: Wall Street Eyes Host of Fed Speakers

cnbc.com

Anmar Frangoul
Spencer Platt | Getty Images

U.S. stock index futures pointed to a lower open on Friday morning as traders eyed a host of Fed speakers. On Thursday, Fed Chair Janet Yellen gave testimony before the Joint Economic Committee of Congress. Yellen, like many other Fed speakers, reaffirmed that a rate hike is coming soon.

Friday will see St Louis Fed President James Bullard speak in Germany at 5:30 a.m. ET on monetary policy, while New York Fed President Bill Dudley will hold a press briefing at 9:30 a.m. ET.
Kansas City Fed President Esther George is set to speak in Houston at a joint conference of the Federal Reserve Banks of Dallas and Kansas City at 9:30 a.m. ET, with Dallas Fed President Rob Kaplan speaking there at 1:30 p.m. ET.
Chicago Fed President Charles Evans is due to speak in Chicago at 9:45 a.m. ET, while Federal Reserve Governor Jerome Powell will speak in San Francisco at 9:45 p.m. ET.
On the data front, Friday will see leading indicators released at 10:00 a.m. ET.
On the earnings front, Foot Locker and Abercrombie & Fitch are set to report before the bell.
In Europe, the pan-European Stoxx-600 index was around 0.32 percent lower on Friday morning. In Asia, the Shanghai Composite in China closed 0.47 percent lower, while the Nikkei in Japan closed 0.59 percent higher.
CNBC's Patti Domm contributed to this report