Wall Street opens flat; Barclays weighs on bank shares
Credit: Reuters/Carlo Allegri
A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York June 9, 2014.
* Weekly jobless claims data is due at 8:30 a.m. ET. A Reuters survey of analysts expect a reading of 310,000, slightly down from the previous week's 312,000.
* Personal income and spending data is also due at 8:30 a.m ET.
* Alcoa Inc (AA.N) has agreed to buy aircraft parts maker Firth Rixson from private equity firm Oak Hill Capital Partners for $2.85 billion in cash and stock. Alcoa shares were up 2.5 percent in premarket trade.
* Accenture Plc (ACN.N), a consulting and outsourcing company, reported a 7.5 percent rise in quarterly net revenue, led by faster growth in its consulting business. The stock was down 0.1 percent in premarket trade.
* Shares of the wearable sports camera maker GoPro (GPRO.O) will debut on the Nasdaq after 17.8 million class A shares priced at $24 per share, top end of the expected price range of $21-$24. The IPO raised about $427.2 million.
* S&P 500 e-mini futures ESc1 were down 1 point and in line with fair value - a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract - indicated a flat open. Dow Jones industrial average e-mini futures 1YMc1 fell 4 points while Nasdaq 100 e-mini futures NQc1 added 1 points.
* U.S.-listed shares of Barclays PLC (BCS.N) fell 5 percent in premarket trade after the New York State's attorney general filed a securities fraud lawsuit against the British bank. The bank is being accused giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting other customers from such traders.
* European stocks inched up on Thursday, halting the previous session's sell-off, but Barclays (BARC.L) led falls in banking shares. The European banking sector index .SX7P shed 0.6 percent. [.EU]
* On Wednesday U.S. stocks rose, led by drugmakers, while a Supreme Court ruling lifted the shares of major broadcasters. But the S&P 500's gains followed two days of losses, putting the index on track for a decline of 0.2 percent for the week.
(Reporting by Angela Moon; Editing by Chizu Nomiyama)
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