US STOCKS SNAPSHOT - Futures drop after Empire State data
15/06/2012 at 13:35
NEW YORK, June 15 Reuters - U.S. stock index futures edged lower after a gauge of manufacturing in New York state fell to its lowest level since November and was well below expectations.
S&P 500 futures rose 0.8 points and were above 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 added 27 points and Nasdaq 100 futures added 5.75 points.
Reporting by Chuck Mikolajczak
charles.mikolajczak@thomsonreuters.com+1 646 223 5234Reuters Messaging: charles.mikolajczak.thomsonreuters.com@reuters.net
Keywords: MARKETS USA STOCKS/DATA