NEW YORK - Stocks headed for a moderately lower open Friday after General Electric Co.'s third-quarter results met Wall Street's expectations and investors awaited economic readings on inflation and retail sales.
Stock futures showed modest movements a day after a rally fizzled on Wall Street amid concerns about price risks and lowered expectations for the Chinese Internet company Baidu.com.
Many investors regard GE as a bellwether for the U.S. economy because of the conglomerate's array of businesses - from finance to engines to NBC Universal.
But beyond GE, Wall Street will be mining a handful of data for a fresh look at how well the economy is holding up. The …
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