LIVE MARKETS-US futures point to weaker open to end soft week
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US FUTURES POINT TO WEAKER OPEN TO END SOFT WEEK
U.S. equity index futures were pointing to a modestly lower open on Friday, putting the three major indexes on track to clinch a weekly decline and snap a three-week streak of gains as concerns about lofty valuations and an unclear economic picture weighed on stocks.
As the U.S. government shutdown continues to drag on, investors will be without the jobs data from the Labor Department, which would normally be scheduled for today. That leaves the University of Michigan's preliminary Surveys of Consumers for November and the September reading of consumer credit as the only economic data on the docket for the day.
American Airlines AAL.O lost 1.4% before the opening bell, Delta Air DAL.N retreated 1.1% and United Airlines UAL.O declined 1.5% in premarket trade after the Trump administration ordered flight reductions at major airports due to a shortage of air traffic controllers during the longest government shutdown in history.
Federal Reserve officials continue to comment in the wake of the central bank's policy announcement last week. Fed Vice Chair Philip Jefferson said on Friday the Fed should "proceed slowly" in approving further interest rate cuts as monetary policy moves closer to a neutral stance.
Separately, Federal Reserve Bank of New York President John Williams said the central bank may soon need to grow its balance sheet through bond purchases and could consider shortening the average duration of its debt holdings.
Below is your premarket snapshot:
(Chuck Mikolajczak)
EARLIER ON LIVE MARKETS:
IT'S (NOT) PAYROLLS DAY! CLICK HERE
"WATCH OUT" BUT DON'T "GET OUT" YET - BOFA CLICK HERE
EUROPEAN GAS STORAGE THIS WINTER LOOKS A BIT FRAGILE CLICK HERE CLICK HERE
TRUMP ONE YEAR ON: WHAT'S NEXT? CLICK HERE
STUTTERING START; MEDIA SECTOR GETS ITV BOOST CLICK HERE
EUROPE BEFORE THE BELL: FUTURES SIGNAL HIGHER OPEN CLICK HERE
THE AI DIP MAY NOT BE DONE CLICK HERE
Japan's Nikkei retreats from record peak https://www.reuters.com/graphics/JAPAN-STOCKS/gkvlqwmnnpb/chart.png
Mixed start for Europe https://www.reuters.com/graphics/GLOBAL-STOCKS/jnpwkyekqpw/chart.png
Premarket levels Nov 7 
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