MARKET PULSE-Dow Chemical, JPMorgan, Silicon Graphics, Vivus, Solarcity

Fri Oct 11, 2013 8:34am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter U.S. stock index futures were little changed on Friday, in the wake of the biggest rally since the first trading day of the year, as talks continued in Washington to end a fiscal stalemate that has shut down the government for days. S&P 500 futures were up 0.06 percent, Dow Jones industrial average futures were up 0.07 percent and Nasdaq 100 futures were up 0.06 percent.

** JPMORGAN CHASE & CO, Thursday close $52.52, up 3 pct premarket

The biggest U.S. bank by assets posted a profit of $5.82 billion, or $1.42 per share, excluding litigation expense and reserve release. Analysts on average had expected earnings of $1.20 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the results and estimates were comparable.

** WELLS FARGO & CO, Thursday close $41.44, up 1.5 pct premarket

The biggest U.S. mortgage lender reported a 13 percent rise in third-quarter profit after reducing the amount it had previously set aside for bad loans.

** DOW CHEMICAL CO Thursday close $40.40, down 6 pct premarket   Continued...