US futures slip on mix of corporate earnings

NEW YORK -- Stock futures are falling on mixed quarterly earnings from companies like Verizon, Morgan Stanley and Southwest Airlines.

Dow Jones industrial futures are down 2 points to 13,487. The broader S&P futures have given up 2.6 points to 1,454.50. Nasdaq futures fell 6.5 points to 2,764.

Also Thursday, China reported that growth fell to 7.4 percent from 7.6 percent a year ago, the weakest showing since early 2009. The health of the world's second-largest economy has a big impact on exporting nations and on companies such as Deere & Co. and Caterpillar in the U.S. Slowing growth in China hit Deere shares hard when it cut its revenue estimates two months ago.

Morgan Stanley shares are up after reporting healthy profits and revenue for the third quarter.