US STOCKS-Futures dip in volatile trade after Swiss Bank move
* Bank of America falls in premarket after results
* Best Buy down in premarket after holiday sales
* Initial claims data due
* Futures off: Dow 8 pts, S&P up 3.25 pts, Nasdaq off 9.75 pts (Adds Citibank earnings, Swiss ADR moves)
By Chuck Mikolajczak
NEW YORK, Jan 15 (Reuters) - U.S. stock index futures dipped in choppy trading on Thursday, fluctuating between gains and losses, after the Swiss National Bank scrapped its three-year euro cap on the franc.
* Trading was volatile, and futures erased early gains after the SNB said it would discontinue the cap it introduced on Sept. 6, 2011 to fight recession and deflation threats.
* Swiss stocks traded in the U.S. moved higher in premarket trading, including UBS, up 7 percent at $17.45, Credit Suisse, up 3.9 percent at $23.70 and Novartis, up 7 percent to $103.63.
* Bank of America lost 2.7 percent to $15.60 before the opening bell after the second-largest U.S. bank by assets reported a 14 percent slump in quarterly profit. Continued...