Stock futures slightly lower; techs, smallcaps in focus


Stock futures indicate slight losses at the open, with the relative weakness of smallcap stocks apparently set to continue after another rough week; S&P, Dow and Nasdaq all -0.1%.

European markets are lower after Ukrainian pro-Russian separatists said they would continue with a succession referendum this weekend, while Asian markets ended mixed.

There's lots of news in the tech sector: Apple -0.4% premarket after reports of talks to buy headphone company Beats for $3.2B, Nvidia -2.7% as its outlook causes concern about reduced demand in the PC industry, and momentum name Rocket Fuel -28% after lowering Q2 guidance below consensus.

Treasurys are little changed, with the 10-year yield flat at 2.62%.

Still ahead: wholesale inventories.

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