Stock futures dip, but Nike rises in premarket

Stock futures fell on Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth. * Ongoing violence in Iraq continues to be a concern for investors, as prolonged tension in the region could cause a prolonged spike in crude oil prices and weigh on consumer spending. * Nike Inc (NKE.N) reported fourth-quarter earnings that beat expectations on strong sales in North America and Europe, while DuPont (DD.N) cut its full-year operating profit outlook, citing weakness in its agriculture and performance chemicals divisions. Nike rose 3.2 percent to $79.35 in premarket trading.

via Business News - Yahoo Finance http://ift.tt/1qOjBlR