MARKET PULSE-Chelsea, Barclays, SolarCity, Tesla, JA Solar

Thu May 8, 2014 8:35am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures were little changed on Thursday. Dow Jones industrial average futures were up 0.06 percent at 16,478, S&P 500 futures were down 0.16 percent at 1,871.2 and Nasdaq 100 futures were down 0.22 percent at 3,532.75.

** BARCLAYS PLC, Wednesday close $16.51, +5.75 pct premarket

The British bank reined in its ambitions to be a Wall Street powerhouse on Thursday and signaled a return to its retail banking roots with a plan to hive off much of its investment bank and axe one in four jobs at the division.

** SOLARCITY CORP, Wednesday close $47.71, +7.55 pct premarket

The largest residential solar panel installer in the United States raised its full-year forecast for installations after reporting a smaller first-quarter loss.

J.P. Morgan upgraded the company's stock rating to "overweight" from "neutral".

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