Futures Slip with China Industrial Growth Figures



U.S. stock index futures were slightly lower Thursday morning, after market participants reacted cautiously to mixed economic data from China.

Futures for the Dow Jones Industrial Average dipped 15 points at 25,754

Futures for the S&P 500 faded 0.75 points at 2,818.75

NASDAQ futures inched up 2.75 points to 7,299.25

Elsewhere, General Electric fell more than 3% in the pre-market after the industrial giant issued weaker-than-expected earnings guidance for 2019.

Market focus is largely attuned to economic developments, after data showed China's industrial output expanded at its slowest rate in 17 years.

The data come as investors seek clues about the health of China's economy, after growth cooled to 6.6% last year.

In the States, weekly jobless claims and import prices for February will be released at 8:30 a.m. EDT. New home sales for January are set to follow slightly later in the session.

Overseas, in Japan, the Nikkei 225 shed more than three points Thursday, while in Hong Kong, the Hang Seng Index inched up 0.2%

Oil prices crept up two cents to $58.28 U.S. a barrel.

Gold prices plunged $11.90 to $1,297.40 U.S. an ounce.