The Nokia warning added to worry about the U.S. non-farm payrolls report for August, due at 8:30 a.m. (1230 GMT), which might provide further signs of labor market deterioration. The housing slump has hobbled the economy and darkened the profit outlook.
S&P 500 futures fell 4.40 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 fell 34 points and Nasdaq 100 futures lost 7.25 points.
(Reporting by Ellis Mnyandu, Editing by Kenneth Barry)
© Reuters 2008. Tous droits résérvés.
