S&P 500 stock index futures lost ground on Thursday following reports on weekly jobless claims and August housing starts.

* S&P 500 futures were off 1.10 points and were a tad 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 were up 2 points, while Nasdaq 100 futures dipped 2.50 points.

* Futures suggested that Wall Street would likely open little changed following a 3-day run-up.

(Reporting by Ellis Mnyandu; editing by Jeffrey Benkoe)