U.S. stock futures slip after Intel's outlook

(MarketWatch) -- U.S. stock futures edged lower on Wednesday, with Intel's cautious outlook giving further ammunition for bears after two straight losses.
S&P 500 futures fell nine-tenths of a point to 839.20 and Nasdaq 100 futures fell 9.5 points to 1,314.50. Futures on the Dow Jones Industrial Average climbed 23 points.
U.S. stocks dropped on Tuesday after a surprising retail sales drop and as traders sold Goldman Sachs shares after a $5 billion stock offering. The Dow Jones Industrial Average fell 137 points, the S&P 500 dropped 17 points and the Nasdaq Composite lost 27 points.

Intel fell 4% in Frankfurt as the company projected sales to be roughly flat from the first quarter and gross margins in the mid-40s, which were disappointing to some analysts who were expecting a bounce in the second quarter.
The company's first-quarter profit fell 55%, which wasn't as steep as forecast.
Also on the tech front, Infosys Technologies dropped in Bombay trade as the software giant said it expects its first-ever decline in annual earnings and revenue.
EBay rose 2% in Frankfurt as the online auctioneer said it would spin off its Skype unit via an initial public offering.

Elsewhere, UBS dropped 3.7% in Zurich after the Swiss bank said it would lose $1.8 billion in the first quarter and cut its workforce by 8,700 after seeing outflows.
Sanofi-Aventis said it's going to buy privately held cancer drug maker BiPar Sciences for as much as $500 million. Abbott Labs is among the firms reporting results on Wednesday.

On the economics calendar, traders will be watching the release of March consumer price inflation data at 8:30 a.m. Eastern. Economists surveyed by MarketWatch produced a consensus forecast of a 0.1% drop following a 0.4% rise in February.

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(Reuters) - Dow Jones industrial average futures fell 27 points, and Nasdaq 100 futures lost 3.75 points.




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US STOCKS-Futures cut losses after GDP data

(Reuters) - S&P 500 futures were off 9.50 points, below fair
value, a mathematical formula that evaluates pricing by taking
into account interest rates, dividends and time to expiration
on the contract.




Dow Jones industrial average futures were down 69
points, and Nasdaq 100 futures were down 6.50 points.


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US STOCKS-Futures extend losses on profits, housing woes

(Reuters) - S&P 500 futures fell 7.3 points, below fair value, a
mathematical formula that evaluates pricing by taking into
account interest rates, dividends and time to expiration on the
contract.




Dow Jones industrial average futures were off 66
points, and Nasdaq 100 futures were down 11.25 points.


Read more at Reuters.com Bonds News