U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.
On Thursday, stocks opened lower but recovered in early trading and moved into the green, as traders digested mixed earnings and economic data on jobs, manufacturing and the housing market. Hawkish Fed speeches and the continued rise in bond yields generated selling pressure, dragging the indices back into negative terrain by mid-session.
