Monday, April 30, 2012

Stock futures edge lower after run up; jobless data eyed

Stock prices on monitors are seen through a window to the street at the NASDAQ Market Site in New YorkNEW YORK (Reuters) - Stock index futures edged lower on Thursday after the Nasdaq posted its biggest gain of the year in the prior session and as investors looked ahead to jobless claims data, a barometer of the health of the labor market. S&P 500 futures fell 1.5 points and were below 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 fell 9 points, and Nasdaq 100 futures fell 6 points. (Reporting by Ed Krudy; editing by W Simon)


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