MARKET PULSE-J.C. Penney, Intel, Sears, InterOil, Ulta Beauty
(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 rose on Friday, putting the S&P 500 on track to snap a five-session losing streak, ahead of a key monthly payrolls report that may affect expectations for when the Federal Reserve will begin to wind down its stimulus. Dow Jones industrial average futures were up 0.36 percent at 15,874, S&P 500 futures were up 0.41 percent at 1,791.3 and Nasdaq 100 futures were up 0.44 percent at 3,494.
** J.C. PENNEY CO INC, Thursday close $8.85, -3.39 pct premarket
The struggling department store chain said it received a letter of inquiry from the U.S. Securities and Exchange Commission, seeking an explanation on the company's financial position.
** INTEL CORP, Thursday close $24.26, +1.77 pct premarket
Citigroup raised its rating on the chipmaker's stock to "buy" from "neutral," according to Theflyonthewall.com.
** BANK OF AMERICA CORP, Thursday close $15.43, +0.39 pct premarket Continued...