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NEW YORK (CNNMoney)
Corporate earnings so far this quarter have been mixed, providing little impetus for stocks to add to last year's impressive gains. U.S. stock futures were little changed from Thursday's close, although there was a slight positive bias.
Firms including Morgan Stanley (MS, Fortune 500) and General Electric (GE, Fortune 500) are scheduled to release quarterly results before the opening bell.
On the economic side, the U.S. Census Bureau is scheduled to release its monthly reports on housing starts and building permits at 8:30 a.m. ET. The Federal Reserve will publish data on industrial production at 9:15, and the University of Michigan and Thomson Reuters will release the latest edition of their consumer sentiment index at 9:55.
Related: Fear & Greed Index
U.S. stocks finished mixed Thursday. While the Nasdaq closed with a slight gain, the S&P 500 and the Dow Jones industrial average each pulled back.
Shares in Royal Dutch Shell (RDSA) were down by roughly 3% ahead of the opening bell after the oil major warned that its fourth quarter earnings would be "significantly lower" than normal because of "weak industry conditions."
Related: CNNMoney's Tech30 index
Intel (INTC, Fortune 500) shares sank in after-hours trading Thursday following quarterly earnings that missed expectations.
"Intel's numbers left investors feeling less than enthusiastic about the group's outlook as the group expects no revenue growth in 2014," explained Ishaq Siddiqi, a market strategist at ETX Capital in London.
Related: China's growth expected to beat official targets
The main European indexes were edging up in morning trading.
Asian markets mostly ended with losses. The Hang Seng in Hong Kong was the only index to buck the trend, rising by 0.6%. 
First Published: January 17, 2014: 5:15 AM ET
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