Futures dip on caution before business activity data; geopolitical tensions in focus

Nov 22 - U.S. stock index futures dipped on Friday as investors were cautious ahead of a business activity survey and monitored geopolitical tensions between Ukraine and Russia, although Wall Street's main indexes were poised for weekly gains.

At 07:02 a.m., Dow E-minis were down 29 points, or 0.06%, S&P 500 E-minis slipped 8.25 points, or 0.14% and Nasdaq 100 E-minis fell 49.25 points, or 0.24%. However, expectations on the Federal Reserve's policy move in December have recently swayed between a pause and a cut, as investors weigh the impact Trump's policies can have on price pressures.

Intuit , lost 5% after the TurboTax parent projected second-quarter revenue and profit below Wall Street estimates on Thursday.On Thursday, the Google parent slid after prosecutors argued it was monopolizing online search, while a report said Europe will start an investigation next year into whether Amazon favors its own brand products on its online marketplace.

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