(Bloomberg) -- U.S. stock-index futures retreated
before quarterly reports from Merrill Lynch & Co., Wells Fargo &
Co. and U.S. Bancorp that may shed light on losses from mortgages
to borrowers with poor or limited credit.
Shares of Merrill Lynch and Wells Fargo declined in Europe,
as did those of Intel Corp., the world's largest computer-chip
maker, one of three Dow Jones Industrial Average companies due to
report earnings today. The other two, Johnson & Johnson, the
biggest U.S. health-products company, and Coca-Cola Co., the
world's largest soft drink maker, gained.
Read more at Bloomberg Stocks News
before quarterly reports from Merrill Lynch & Co., Wells Fargo &
Co. and U.S. Bancorp that may shed light on losses from mortgages
to borrowers with poor or limited credit.
Shares of Merrill Lynch and Wells Fargo declined in Europe,
as did those of Intel Corp., the world's largest computer-chip
maker, one of three Dow Jones Industrial Average companies due to
report earnings today. The other two, Johnson & Johnson, the
biggest U.S. health-products company, and Coca-Cola Co., the
world's largest soft drink maker, gained.
Read more at Bloomberg Stocks News
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