(By Balaseshan) US stock-index futures pointed to a lower open on the Wall Street, as lingering concerns of Europe's debt crisis overshadowed better-than-expected German and French consumer confidence data.
Mini Dow industrial average futures shed 38.00 points to 12,498.00. The Nasdaq Futures edged 0.75 points lower to 2,535.50. Standard and Poor's 500 futures dipped 2.00 points to 1,320.60.
On the US economic front, the May consumer sentiment index data and the Michigan inflation expectations data from Reuters/University of Michigan are due later in the day.
On the European news front, a public-opinion poll showed that Greece's radical-left Syriza party is maintaining its poll lead ahead of the elections on June 17, rekindling fears that Greece may exit the euro region.
Italian Prime Minister Mario Monti said Italy can help persuade Germany to accept joint euro-area bonds, as a majority of leaders at European Union summit backed them. Spain's Deputy Prime Minister Soraya Saenz de Santamaria said the government is analyzing "with all caution" requests from regional governments to help them regain access to capital markets.
On Thursday, U.S. stocks closed on a mixed note amid lingering worries about the financial situation in Europe and tepid domestic economic data.
Hot Stocks Of The Day: PAY, CME, QSFT, CHK, BAX, MENT
In corporate news, VeriFone Systems Inc. (NYSE:PAY) shares fell 8.84 percent in premarket after the maker of point-of-sale terminals guided third quarter revenue below Street's view. Second quarter earnings and revenue exceeded market expectations, on acceleration in organic growth and the addition of Hypercom-brand sales.
CME Group Inc. (NASDAQ:CME) shares gained 2.13 percent in premarket after the U.S. exchange operator declared a five-for-one split of its common stock, in the form of a 400 percent stock dividend. The dividend will be paid on July 20, to shareholders of record on July 10.
Quest Software Inc. (NASDAQ:QSFT) shares gained 3.46 percent in premarket after Dell Inc. (NASDAQ:DELL) is reportedly in discussions to acquire the company.
Chesapeake Energy Corp. (NYSE:CHK) shares rose 1.93 percent in premarket after Carl Icahn has reportedly purchased a stake in the company.
Baxter International Inc. (NYSE:BAX) may be in focus after the healthcare company said trials showed that a low glucose peritoneal dialysis (PD) regimen may reduce cardiovascular risk factors in diabetic renal patients.
Mentor Graphics Corp. (NASDAQ:MENT) may be in focus after the supplier of electronic design automation software raised its 2013 forecast backed by stronger than forecast quarterly earnings. Yet, revenue missed Wall Street view.
The European markets traded lower on Europe's debt crisis worries, with Germany's DAX edging 0.29 percent lower to trade at 6,297.36. France's CAC40 shed 0.62 percent to 3,019.30. Britain's FTSE 100 dipped 0.52 percent to 5,322.09.
Asian markets closed on a mixed note. The Shanghai Composite Index dipped 0.74 percent to end at 2,333.55. Hong Kong's Hang Seng rose 0.25 percent to close at 18,713.41. Japan's Nikkei 225 edged 0.20 percent higher to close at 8,580.39. India's BSE Sensex finished at 16,217.82, down 0.03 percent.
Ahead of the opening bell, crude oil futures gained 0.46 percent to $91.08 per barrel. Gold futures rose 0.01 percent to $1,557.40 per ounce.
In the currency market, the euro rose 0.12 percent against the U.S. dollar to 1.2548, and the British pound edged 0.03 percent higher against the greenback to 1.5675. The dollar shed 0.09 percent against the Japanese yen to 79.5300.