BUZZ-U.S. STOCKS ON THE MOVE-JPMorgan, AstraZeneca, Ziopharm, Intrexon
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
U.S. stock index futures fell on Wednesday, putting equities on track to extend their three-day losing streak, as global demand worries continue to put pressure on commodities such as oil and copper. Dow Jones industrial average e-mini futures were down 0.68 percent at 17,415, S&P 500 futures were down 0.66 percent at 2,002.75 and Nasdaq 100 futures were down 0.58 percent at 4,134.5.
** JPMORGAN CHASE & CO, Tuesday close $58.84, -1.85 pct premarket
The biggest U.S. bank by assets reported a 6.6 percent drop in quarterly profit as legal costs exceeded $1 billion in the wake of government probes into alleged wrongdoing and it set aside more to cover bad loans.
Graphic on bank earnings - here
** ASTRAZENECA PLC, Tuesday close $70.76, +0.52 pct premarket
The British drugmaker's blood-thinning drug Brilinta cut the risk of death or heart attack in patients with a history of previous attacks, according to a major clinical trial that will boost hopes for the closely watched product. Continued...