NEW YORK, May 21 (Reuters) - U.S. stock index futures
extended losses on Thursday after the government reported the
number of people staying on jobless benefits hit a fresh record
in the latest week, weakening hopes of a quick economic
recovery.
* S&P 500 futuresfell 7.30 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 futuresshed 65
points, and Nasdaq 100futures dipped 7 points.
(Reporting by Ellis Mnyandu; editing by Jeffrey Benkoe)
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