RTRS: US STOCKS SNAPSHOT Futures drop further, financials weigh
NEW YORK, Aug 11 (Reuters) - U.S. stock index futures fell to session lows on Tuesday weighed down by financial shares and by caution ahead of the Federal Reserve's two-day policy meeting, pointing to a lower open on Wall Street.
S&P 500 index futures SPc1 were down 5.9 points and 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 fell 48 points, while Nasdaq 100 NDc1 futures dipped 9.75 points. (Reporting by Rodrigo Campos; Editing by Padraic Cassidy) ((rodrigo.campos@thomsonreuters.com; + 1 646-223-6344; Reuters Messaging: rodrigo.campos.reuters.com@reuters.net))
