US STOCKS SNAPSHOT - Futures fall further after GDP data
NEW YORK Jan 30 (Reuters) - U.S. stock index futures extended losses after data showed the economy unexpectedly contracted in the fourth quarter, declining by 0.1 percent against expectations of a 1.1 percent increase.
S&P 500 futures fell 4 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures lost 7 points and Nasdaq 100 futures fell 4 points.
- Tweet this
- Share this
- Digg this
- Swedish 'Cold War' thriller exposes Baltic Sea nerves over Russia
- Bank of England suspends real-time payments system
- FTSE slips back, weighed down by oil stocks
- Sweden says credible reports of foreign submarine in its waters
- Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders |