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Broader credit market worries sacked stock futures Thursday after French banking group BNP Paribas suspended three funds -- tying up client investments -- saying it could not accurately value them due to a lack of liquidity throughout the U.S. securities market. The news sent U.S. bank stocks lower overseas.

The Dow is poised to retreat after padding the week's gains by 153.56 in Wednesday's trading. The Dow has climbed nearly 475 points since Friday's 281-point plunge.

Companies reporting earnings Thursday include HealthSouth Corp. (NYSE: HLS) and Dynegy Inc. (NYSE: DYN).

The Labor Department will give its weekly report on new unemployment claims at 8:30 a.m.

The Nikkei rose 1 percent to 17,240.99, pushed higher on news that Barneys New York has passed on a buyout bid from Japan's Fast Retailing. The FTSE 100 rose 1.33%.

In overseas currency markets, the dollar gained 0.3% on the euro, but slipped 0.7% against the yen.

Company news

AIG (NYSE: AIG) posted unexpectedly high income in its second-quarter report Wednesday, but cited cramping from weakness in the housing market.

News Corp, (NYSE: NWS) fresh off its successful bid for Dow Jones, reported higher profits over last year's fourth quarter.

Online search provider Infospace Inc. (NYSE: INSP) slipped overseas after reporting losses of 86 cents per share -- far worse than analysts' expectations of 12-cent losses.

Before the bell: Futures fall on funds' suspension originally appeared on BloggingStocks on Thu, 09 Aug 2007 07:30:00 EST. Please see our terms for use of feeds.

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