Wall Street Might Open In Negative Zone

(RTTNews) - The latest U.S. economic data, especially Existing Home Sales might be the focus on Friday. Initial trends on the U.S. Futures Index suggest that Wall Street might open lower. Asian shares were mostly down, while European shares are trading in the negative territory. As of 8.05 am ET, the Dow futures were declining 28.00 points, the S&P 500 futures were down 9.50 points and the Nasdaq 100 futures were sliding 37.75 points. The U.S. major averages finished mostly lower on Thursday. The Dow ended the day up 299.90 points or 0.8 percent at a nearly one-month closing high of 39,134.76, but the S&P 500 fell 13.86 points or 0.3 percent to 5,473.17 and the Nasdaq slumped 140.64 points or 0.8 percent to 17,721.59.