US STOCKS-Futures drop on euro zone debt worries

* Retailers hopeful over holiday shopping season

* Lisbon denies report of pressure to seek bailout

* Futures down: Dow 90 pts; S&P 11.5 pts; Nasdaq 19.5 pts

* For up-to-the-minute market news see [STXNEWS/US]

By Rodrigo Campos

NEW YORK, Nov 26 (BestGrowthStock) – U.S. stock index futures fell
on Friday ahead of a shortened post-holiday session as
investors fled from risk on worries that euro zone debt
problems may spread.

* European shares dropped 1.2 percent after a German
newspaper reported that a majority of euro zone members and the
European Central Bank were pressuring Lisbon to seek a bailout.
Portugal and the European Commission denied the report. For
details see [ID:nLDE6AP0F4]

* China warned against military acts near its coastline
ahead of U.S.-South Korean naval exercises that North Korea
said risked pushed the region towards war, further rattling
investors. The North shelled a South Korean island earlier this
week. [ID:nL3E6MQ058]

* Resource-related stocks will be in focus as key base
metals prices fell, pressured by a rise in margin requirements
by the Shanghai Futures Exchange that prompted liquidation of
speculative positions. [ID:nL3E6MQ0FH]

* Investors will also eye consumer-related stocks as
so-called Black Friday kicks off a holiday shopping season that
retailers hope will be the strongest in three years.

* S&P 500 futures (SPc1: ) fell 11.5 points and were below
fair value, a formula that evaluates pricing by taking into
account interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures (DJc1: ) dropped
90 points, and Nasdaq 100 futures (NDc1: ) lost 19.5 points.

* U.S. stock markets will close at 1 p.m. EST (1800 GMT)
following the U.S. Thanksgiving holiday on Thursday.

* On Wednesday, Wall Street rallied as investors put aside
worries about swirling global problems and focused on upbeat
data on the labor market and consumer spending.
(Reporting by Rodrigo Campos; editing by Jeffrey Benkoe)

US STOCKS-Futures drop on euro zone debt worries