MARKET PULSE-McDonald's, Enteromedics, Oncolytics, Tranzyme
Feb 8 (Reuters) - Some U.S. stocks to watch on Friday:
WALL ST TO OPEN HIGHER AFTER POSITIVE ECONOMIC DATA
U.S. stock index were set for a slightly higher open on Friday after a trio of positive economic data points, but gains were expected to be modest, with the benchmark S&P index near five-year highs. S&P 500 futures added 1.8 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 6 points, and Nasdaq 100 futures rose 9.5 points.
** MCDONALD'S CORP, $94.88, up 0.3 pct (0943 ET)
The company said January sales at established restaurants around the world fell 1.9 percent, a steeper decline than expected as fast-food chains fight for diners. Continued...