U.S. stock index futures signal lower open

* Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.8 to 1.2 percent, pointing to a sharply weaker start for equities on Wall Street on Friday. * Thomson Reuters/University of Michigan Surveys of Consumers release at 1455 GMT preliminary November consumer sentiment index. Economists in a Reuters survey expect a reading of 69.0 compared with 67.7 in the final October report. * Companies announcing results on Friday include Agilent Technologies, D.R. Horton and JCPenney. * G20 leaders drew a veil over their economic policy disputes on Friday, agreeing to tackle tensions that have raised the spectre of currency wars and giving the nod to countries that have seen huge capital inflows to impose controls. * At 1530 GMT, ECRI releases its weekly index of economic activity for Nov. 5. In the prior week the index read 123.2. * The chief executive of Wal-Mart Stores Inc's Asia operations said he would not comment on whether it was bidding for Indonesian retailer Matahari's hypermarket business. * Yahoo Inc called a media report it was planning to cut one-fifth of its workforce "misleading and inaccurate," but the Web portal stopped short of ruling out any layoffs. * Shares in California Pizza Kitchen Inc fell 4 percent after the bell on Thursday as it reported results. * European stocks dropped on Friday, losing ground for the third straight session, hurt by escalating fears over Ireland's debt problems that also dragged the euro to six-week lows versus the dollar. The FTSEurofirst 300 index of top European shares was down 1.3 percent. * EU leaders sought to reassure bondholders unnerved by Ireland's fiscal problems they would not be forced to take a writedown, but Ireland's Prime Minister said recent French and German comments had aggravated the problem. * A statement by France, Germany, Italy, Spain and Britain was issued at the Group of 20 summit in Seoul after spreads on Irish 10-year government bonds over German bunds surged to a record high, hitting the debt of Portugal and Spain and the euro. * Japan's Nikkei dropped 1.4 percent on Friday, with profit-taking intensifying as Chinese shares fell sharply and as oil and other commodity prices plunged. * Resource-related stocks will be in focus as crude oil dropped $2 a barrel to below $86. Key base metals prices fell 1.6 to 2.6 percent. * On Thursday, the Dow Jones industrial average fell 73.94 points, or 0.65 percent, to 11,283.10. The Standard & Poor's 500 Index shed 5.17 points, or 0.42 percent, to 1,213.54. The Nasdaq Composite Index lost 23.26 points, or 0.90 percent, to 2,555.52. (Reporting by Atul Prakash; Editing by Erica Billingham) Keywords: MARKETS STOCKS US EUROPE (atul.prakash@reuters.com; +44 20 7542 6189; Reuters Messaging: atul.prakash.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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