Wall Street seen lower after rock-and-roll week

Wall Street seen lower after rock-and-roll week

U.S. stock index futures fell early on Friday, as the rocky ride in global markets continued.

Dow Jones industrial average futures (Chicago Board of Trade: @DJ.1) traded more than 100 points lower, after the major averages closed Thursday more than 2 percent higher.

On Friday, the benchmark Shanghai Composite (Shanghai Stock Exchange: .SSEC) index ended provisionally 4.8 percent higher , after an exceptionally volatile weak for Chinese stocks. The index closed down 7.8 percent on the week.


European trade was cautious on Friday, with markets narrowly lower.

Economic data due on Friday include personal income and spending data at 8: 30 a.m. ET and the Michigan sentiment index for August at 10 a.m.

No major earnings are expected on Friday.



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