US STOCKS-Futures dip as trade worries resurface; Disney rises on results

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* Futures: Dow, S&P flat, Nasdaq down 0.12%

By Arjun Panchadar
Nov 8 (Reuters) - U.S. stock index futures dipped on Friday
as doubts about a trade deal between Washington and Beijing
resurfaced, although strong results from Disney underscored a
robust earnings season, a major driver behind Wall Street's
record rise.
The S&P 500 and Dow Jones indexes closed at a fresh all-time
high on Thursday after China said both countries would roll back
existing tariffs in phases, but a report on internal opposition
in the White House on the matter dented sentiment. Still, the benchmark index .SPX is on track for its best
year since 2013, while the Nasdaq and Dow are eyeing yearly
gains after dropping in 2018, partly propelled by a largely
better-than-expected third-quarter earnings season.
Of the 430 S&P 500 companies that have reported results so
far, nearly three quarters have beaten profit estimates,
according to IBES data from Refinitiv. Those numbers, to some
extent, reflect significantly lowered analysts' forecasts.
Walt Disney Co DIS.N gained 5.4% in premarket trading as
its popular theme parks and a remake of "The Lion King" lifted
earnings, and the company also spent less than it had projected
on its online streaming service, Disney+. At 7:12 a.m. ET, Dow e-minis 1YMcv1 were down just 4
points, or 0.01%. S&P 500 e-minis EScv1 were down 1.75 points,
or 0.06% and Nasdaq 100 e-minis NQcv1 were down 9.75 points,
or 0.12%.
Among other stocks, Gap Inc GPS.N fell 8.4% after saying
Chief Executive Art Peck would leave the company, a surprise
exit in the middle of a restructuring that comes as the apparel
retailer slashed its full-year earnings forecast. Dropbox Inc DBX.O rose as much as 2.5% after the online
file hosting company beat estimates for third-quarter revenue as
it signed up more individual and business customers to its
platform. Zillow Group Inc ZG.O jumped 12% as the real estate
website operator sold more homes and more real estate agents
advertised on its platform.