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Market Snapshot: Dow futures move slightly lower after weak data, earnings

January 27, 2017

Futures for the Dow Jones Industrial Average were set to open lower on Friday as investors weighed disappointing fourth-quarter GDP data and a spate of earnings, including a miss from Dow component Chevron.

The U.S. economy slowed in the fourth quarter and annual growth failed to reach 3% for the 11th straight year.

Dow Jones Industrial Average futures YMH7, -0.10% were off by 15 points to 20,056, after rising on Thursday to close above the 20,000 level for a second straight day.

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