Stock futures fall on weaker jobs data
Friday October 6, 8:37 am ET
NEW YORK (Reuters) -U.S. stock index futures dropped, pointing to a weaker market open on Friday, after September employment data showed fewer-than-expected jobs were created in September, signaling a weaker economy.
S&P 500 futures (SPc1) were down 3.1 points, below fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.
Dow Jones industrial average futures (DJc1) fell 21 points, and Nasdaq 100 (NDc1) futures dipped 3.25 points.