U.S. stock index futures were lower on Friday despite strong quarterly results from JPMorgan Chase as the Dow Industrials and S&P 500 looked to close out a seventh week of gains.
* JPMorgan Chase & Co
* The expectations of strong earnings have lifted equities in recent weeks, with the S&P 500 hovering near a 28-month high. JPMorgan has risen 4.8 percent since the start of January, and was down 0.4 percent to $44.28 in volatile premarket trading.
* China raised bank reserve requirements, offering more evidence that its central bank was preparing to allow economic growth to slow as it battles inflation.
* Intel Corp
* A pair of datapoints on the consumer will be closely watched by investors. December retail sales, to be released at 8:30 a.m. EST, are seen rising 0.8 percent, matching the previous month.
* The preliminary Reuters/University of Michigan January sentiment number will be released at 9:55 a.m., and is seen edging up to 75.4 from 74.5 in the previous month.
* S&P 500 futures fell 5.1 points and were below 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 fell 53 points, and Nasdaq 100 futures lost 3 points.
* French drugmaker Sanofi-Aventis SA
* Bristol-Myers Squibb Co
* U.S. stocks edged lower Thursday, hurt by a slide in drugmaker Merck & Co Inc
(Editing by Jeffrey Benkoe)