Futures slide as jobless claims rise
Stock index futures extended losses on Thursday after data showed an unexpected rise in weekly applications for first-time unemployment insurance.
S&P 500 futures fell 4.4 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 dropped 29 points and Nasdaq 100 futures lost 3.5 points.
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