* JPMorgan Q4 profit jumps, stock dips
* Intel rises after results
* Retail sales, Univ. of Mich sentiment data on tap
* Futures off: Dow 53 pts, S&P 3.8 pts, Nasdaq 3 pts
* For up-to-the-minute market news see [STXNEWS/US] (Adds quote, updates prices)
By Ryan Vlastelica
NEW YORK, Jan 14 (Reuters) - U.S. stock index futures fell on Friday despite strong quarterly results from JPMorgan Chase & Co as the Dow Industrials and S&P 500 looked to close out a seventh week of gains.
JPMorgan
The expectations of strong earnings have lifted equities in recent weeks, with the S&P 500 hovering near a 28-month high. JPMorgan has risen 4.8 percent since the start of January, dipped 0.3 percent to $44.31 in volatile premarket trading.
"JPMorgan's results make me more optimistic about what we could see out of other large banks, but everyone is ready to take a bit of the break given the tremendous run-up we've had," said Oliver Pursche, president at Gary Goldberg Financial Services in Suffern, New York.
While results were above expectations, "they're not blowing anyone away. That's why they're not enough to move the futures."
China raised bank reserve requirements, offering more evidence that its central bank was preparing to allow economic growth to slow as it battles inflation. [ID:nTOE706030]
Intel Corp
S&P 500 futures
A pair of datapoints on the consumer will be closely watched by investors. December retail sales, to be released at 8:30 a.m. EST (1330 GMT), are seen rising 0.8 percent, matching the previous month.
The preliminary Reuters/University of Michigan January sentiment number will be released at 9:55 a.m. (1455 GMT), and is seen edging up to 75.4 from 74.5 in the previous month.
French drugmaker Sanofi-Aventis SA
Bristol-Myers Squibb Co
U.S. stocks edged lower Thursday, hurt by a slide in
drugmaker Merck & Co Inc