* Dell shares fall after Q3 sales miss view
* Crude oil drops as U.S. dollar rises
* D.R. Horton posts Q4 loss, conditions 'challenging'
* Futures down: S&P 8.2 pts, Dow 80 pts, Nasdaq 10.25 pts
* For up-to-the-minute market news, click []
(Recasts byline, adds quarterly results and quote)
By Ryan Vlastelica
NEW YORK, Nov 20 (Reuters) - U.S. stock index futures fell
on Friday, as a stronger U.S. dollar weighed on commodities and
natural resource stocks and weak results from computer maker
Dell and homebuilder D.R. Horton underscored the rocky road to
an economic recovery.
Dell Inc <DELL.O> shares fell 6.4 percent to $14.86 in
premarket trading, a day after the No. 3 personal computer
maker reported third-quarter sales that missed estimates.
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December crude futures sank 1.3 percent, extending a fall
in the previous session as the U.S. dollar rose against a
basket of currencies. The dollar index was up 0.7 percent.
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"Everyone is looking at the dollar right now," said Kim
Caughey, senior equity research analyst at Fort Pitt Capital
Group in Pittsburgh.
"Low interest rates are supposed to make investors want to
take risks, but that's not happening. People remain very
nervous about the economy and especially about the consumer.
Investors are watching the technology sector, which is
often viewed as one of the first to recovery from a recession.
"Dell's sales increase concerns about the consumer,"
Caughey said. "People are looking to see where consumers are
spending, and they're not spending on Dell. That's weighing on
the market."
D.R. Horton Inc <DHI.N> reported a fourth-quarter loss that
was wider than expected and said market conditions for
homebuilders was "still challenging." []
S&P 500 futures <SPc1> fell 8.2 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
80 points, and Nasdaq 100 futures <NDc1> slid 10.25 points.
JM Smucker Co <SJM.N>, the maker of jellies and preserves,
reported higher-than-expected quarterly results and raised its
full-year profit outlook. []
General Electric Co <GE.N> and Vivendi SA <VIV.PA> are at
least $1 billion apart in their valuation of Vivendi's stake in
NBC Universal, the Financial Times reported. []
Some big Goldman Sachs Inc <GS.N> shareholders have asked
the company to cut the size of its bonus pool and pass along
more of its profits to investors, the Wall Street Journal
reported, citing sources. []
U.S. stocks fell Thursday, as another batch of economic
data pointed to the fragility of the recovery. Tech stocks were
hard hit after a bearish brokerage view on the semiconductor
sector.
(Editing by Jeffrey Benkoe)
