ock futures pointed to a higher start on Wall Street on Friday, with futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes up 1.4-1.6 percent. Highlights; * Citigroup (C.N) was expected to report its fifth straight multibillion-dollar quarterly loss and unveil changes to significantly shrink its balance sheet as markets take an increasingly dim view of Citi's, and top rival Bank of America's (BAC.N) ability to weather the financial storm. * Bank of America was also due to report its quarterly results later in the day. Bank of America shares in Frankfurt (BAC.F) climbed 8.6 percent, while Citigroup shares in Frankfurt (TRV.F) rose 2.6 percent. * The Labor Department was due to issue its December Consumer Price Index at 1330 GMT (8:30 a.m. EST). Consumer prices were expected to have fallen 0.9 percent on the month and 0.2 percent on the year. The forecast monthly contraction would be only about half the 1.7 percent fall in prices recorded in November. * The Industrial Production report for December was due at 1415 GMT (9:15 a.m. EST). Industrial output was expected to have sagged by 1 percent, slightly wider than November's 0.6 percent, while capacity utilization probably edged 0.8 percent lower to 74.6 percent. * The Reuters/University of Michigan consumer sentiment index, due at 1455 GMT (9:55 a.m. EST), was expected to edge down 1.1 to 59 for the January period. * Associated Banc-Corp (ASBC.O) was scheduled to report fourth-quarter results. The U.S. Midwest bank was expected to post its smallest quarterly profit of the year on higher provisions for bad losses. * Johnson Controls (JCI.N), one of the world's biggest auto parts makers, was expected to post a fiscal first quarter loss primarily due to sharp production cuts in the automotive sector. * PPG (PPG.N), the world's second largest paint and coatings maker, was set to post results that could include comments on the health of domestic and overseas markets. Expectations were for demand to have declined in the sector. * Shares of Intel Corp (INTC.O) initially fell more than 2 percent to $13 after the bell on Thursday, immediately after the chipmaker posted fourth-quarter results. But as investors digested the numbers, the stock bounced back to trade little changed from its Nasdaq close of $13.29.

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