Stocks: Fear, uncertainty and earnings

Written By limadu on Senin, 14 April 2014 | 17.42

S&P futures 2014 04 14

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NEW YORK (CNNMoney)

U.S. stock futures were moving lower ahead of the opening bell with market sentiment still sour after last week's bumpy ride.

The latest reading from the CNNMoney Fear & Greed Index shows market sentiment has swung into 'extreme fear' mode.

All eyes will be focused this morning on Citigroup (C, Fortune 500) -- the third big bank to publish first quarter results.

JPMorgan Chase (JPM, Fortune 500) shares fell Friday after the bank reported first quarter revenue that missed expectations. Its earnings were also sharply down compared to the same quarter last year.

Wells Fargo (WFC, Fortune 500)also reported earnings Friday, but unlike JPMorgan, its earnings topped analyst expectations.

Related: Here are the earnings to expect in the week ahead

On the economic front, investors will consider the latest monthly retail sales figures from the U.S. Census Bureau. Those numbers will be out at 8:30 a.m. ET.

U.S. stocks closed in the red Friday, capping off a bumpy week.

The Nasdaq was the biggest loser, falling more than 1.3% to end below 4,000 for the first time since early February. It lost 3.1% for the week.

The Dow Jones Industrial Average fell 143 points Friday, sinking 2.3% for the week. The S&P 500 also fell, ending the week down 2.6%.

Related: Investors dip a toe back into emerging markets

European markets were all lower in morning trading as investors reacted to the Friday U.S. sell-off. Asian markets closed with mixed results. To top of page

First Published: April 14, 2014: 5:02 AM ET


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