US STOCKS SNAPSHOT-Futures hold losses after GDP data

NEW YORK | Tue Nov 23, 2010 1:37pm GMT

NEW YORK Nov 23 (Reuters) - U.S. stock index futures held their losses on Tuesday even as data showed the U.S. economy grew faster than previously estimated in the third quarter.

S&P 500 futures SPc1 were down 11.9 points and below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures DJc1 dropped 92 points, and Nasdaq 100 futures NDc1 lost 17.50 points. (Reporting by Caroline Valetkevitch; editing by Jeffrey Benkoe)

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