Stock futures edge lower ahead of data, earnings
NEW YORK (Reuters) – Stock index futures edged lower on Thursday ahead of data on the labor market and a slew of corporate earnings reports. Facebook Inc shares dropped 6. 7 percent to $29. 14 in premarket trading. The company doubled its mobile advertising revenue in the fourth quarter but that growth trailed some of Wall Street’s most aggressive estimates. Qualcomm Inc gained 6 percent to $67. 35 in premarket trading after the world’s leading supplier of chips for cellphones beat analysts’ expectations for quarterly profit and revenue and raised its financial targets for 2013. . . .
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