US STOCKS-Futures off as Europe worries linger ahead of data

* Key employment data on tap

* Aetna profit misses Street view

* Cost to insure Greek, Portuguese, Spanish debt rises

* Futures: Dow down 46 pts; S&P down 5.5; Nasdaq up 0.25

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

NEW YORK, Feb 5 (BestGrowthStock) – U.S. stock index futures fell
on Friday, following Wall Street’s worst day in more than nine
months, as lingering worries over the fiscal health of some
European countries curbed risk appetite ahead of a key U.S.
jobs report.

* S&P 500 futures (SPc1: ) fell 5.5 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: ) lost 46
points, and Nasdaq 100 futures (NDc1: ) up 0.25 points.

* A Reuters poll predicted non-farm payrolls grew by 5,000
in January, after an unexpected loss of 85,000 in December. The
unemployment rate is expected to edge up to 10.1 percent in
January from 10 percent. The government jobs report is due at
8:30 a.m. EST (1330 GMT).

* The cost of insuring Greek, Portuguese and Spanish
government debt rose to record highs Friday on mounting fears
about debt defaults. Many investors had their eyes on Portugal,
where parliament was to vote on a regional financing bill seen
as a crucial test of the government’s ability to curb public
spending. For details see [ID:nEUROPEAND].

* Aetna Inc (AET.N: ) posted lower quarterly profit early
Friday, missing the average estimate, on high medical costs for
its commercial health plans. The big health insurer also
forecast 2010 profit below Wall Street’s target.

* Shares of Illumina Inc (ILMN.O: ) fell as much as 3.5
percent in extended trading Thursday after the maker of tools
for genetic analysis reported lower quarterly profit, but still
topped the average estimate. [ID:nSGE6130KZ]

* The Obama administration’s proposal to limit risk-taking
by major banks in the wake of the financial crisis could affect
about 10 percent of Goldman Sachs Group Inc’s (GS.N: ) net
revenues, a senior company executive told a U.S. Senate
committee. [ID:nN04208561]

* U.S. stocks (Read more about the stock market today. ) suffered their worst losses in more than nine
months on Thursday on fears over euro zone debt and an
unexpected rise in U.S. claims for jobless insurance. The S&P
500 (.SPX: ) fell 3.1 percent.

Stock Market Advice

(Editing by Jeffrey Benkoe)

US STOCKS-Futures off as Europe worries linger ahead of data