* Dow Jones futures DJc1 were down 4.9 percent at 0825 GMT on Friday, S&P 500 futures SPc1 traded 5.6 percent lower and Nasdaq futures NDc1 fell 4.8 percent, pointing to a weaker opening when U.S. stock market trading starts at 1330 GMT.
* Downbeat corporate earnings outlooks linked to the credit crisis and global recession fears hammered Asian stock markets, with Japan's Nikkei .N225 down almost 10 percent to a 5-1/2-year low. [ID:nLO90517]. European stocks followed suit. [ID:nLO672783]
* The U.S. Treasury Department and banking regulators plan to announce on Friday or this weekend the next round of banks receiving capital injections, according to a source familiar with Treasury's thinking. [ID:nSP203607]
* Movers after Thursday's closing bell included Microsoft (MSFT.O: Quote, Profile, Research, Stock Buzz), up 5.3 percent, Flextronics (FLEX.O: Quote, Profile, Research, Stock Buzz), up 5 percent, Juniper Networks (JNPR.O: Quote, Profile, Research, Stock Buzz), up 2.4 percent, and Netgear (NTGR.O: Quote, Profile, Research, Stock Buzz), down 3.6 percent. (Thursday's Wall St report: [ID:nN23289844])
* S&P 500 .SPX companies due to report: Exelon Corp (EXC.N: Quote, Profile, Research, Stock Buzz), Gannett (GCI.N: Quote, Profile, Research, Stock Buzz), ITT Corp (ITT.N: Quote, Profile, Research, Stock Buzz), Rowe Price (TROW.O: Quote, Profile, Research, Stock Buzz), UST Inc. (UST.N: Quote, Profile, Research, Stock Buzz) and Western Alliance Bancorp (WAL.N: Quote, Profile, Research, Stock Buzz).
* Economic data: existing home sales for September at 1400 GMT, ECRI weekly economic activity index due at 1430 GMT. (Reporting by Peter Starck)
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