“U.S. stock futures were little changed, following the Standard & Poor’s 500 Index’s decline yesterday, before Alcoa Inc. (AA) publishes its quarterly results, kicking off the corporate-earnings season.
Alcoa gained 0.9 percent as analysts forecast the aluminum producer will report its strongest annual earnings growth in three years. Yum! Brands Inc. (YUM) tumbled 5 percent after saying fourth-quarter sales in China decreased more than it had projected. Plexus Corp. (PLXS) slid 4.3 percent in late trading yesterday after saying that it expects revenue and earnings in the fiscal first quarter to fall short of its previous estimate.
S&P 500 futures expiring in March declined less than 0.1 percent to 1,455.1 at 7:27 a.m. in New York. The equity benchmark retreated 0.3 percent yesterday, after rallying to a five-year high last week. Contracts on the Dow Jones Industrial Average added 4 points, less than 0.1 percent, to 13,311 today…”
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