US STOCKS SNAPSHOT-Futures extend losses as dollar firms

20 November 2009 @ 07:43 am EDT

U.S. stock index futures extended losses on Friday after the U.S. dollar strengthened and homebuilder D.H. Horton Inc (DHI.N) reported a quarterly loss.

* S&P 500 futures SPc1 fell 9.4 points and were 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 80 points, and Nasdaq 100 futures NDc1 slid 10.25 points.

Copyright 2009 Thomson Reuters. All rights reserved.

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