US STOCKS SNAPSHOT-Futures slide on durable goods data

NEW YORK, Aug 25 (BestGrowthStock) – U.S. stock index futures
extended losses on Wednesday after data showed a far smaller
than expected rise in new orders for long-lasting goods in
July.

Excluding transportation equipment, orders posted their
largest decline in 1-1/2 years, according to a government
report that pointed to a slowdown in manufacturing.

S&P 500 futures (SPc1: ) fell 7.9 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
68 points and Nasdaq 100 futures (NDc1: ) lost 15.75 points.

US STOCKS SNAPSHOT-Futures slide on durable goods data