Wall Street seen mixed, techs in focus after Cisco

FRANKFURT (Reuters) - Stock futures pointed to a mixed opening on Thursday ahead of a slew of earnings and with technology stocks in focus after Cisco Systems' grim outlook fuelled recession fears.

The indicative Dow Jones index was down 0.2 percent.

"Confidence is shot to ribbons and sentiment is on the whole negative," David Buik, a market commentator at Cantor Index in London, said in a note.

The news spurred an after-hours sell-off in other big techs, including Apple and Intel , and may lead to further declines in the sector today. Cisco fell almost 10 percent in Frankfurt, mirroring after-hours U.S. losses.

Investors will also keep a close eye on earnings updates from Moody's , Pepsico and International Paper Co among others. In addition, many retailers will be reporting same-store sales.

U.S. stock indexes fell on Wednesday for a third straight session after Federal Reserve officials cast doubt on the outlook for more interest rate cuts.

The Dow Jones industrial average fell 0.53 percent, the Standard & Poor's 500 Index dropped 0.76 percent and the Nasdaq Composite Index declined 1.33 percent.

(Reporting by Eva Kuehnen; Editing by Louise Ireland)