Wall Street looks set for a markedly negative open on Friday, as reflected by the trading in the U.S. index futures.
This follows a lackluster trading session on Thursday when the major averages opened slightly lower but recovered to stay mostly afloat before closing modestly higher. Investors were reacting to mixed data points on jobless claims and the housing market. Conflicting data is likely to keep investors on tenterhooks regarding the course of monetary policy in the near term.
