US STOCKS SNAPSHOT - Futures trim declines after data

NEW YORK, June 14 Fri Jun 14, 2013 8:39am EDT

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NEW YORK, June 14 (Reuters) - U.S. stock index futures trimmed losses after data showed producer prices rose more than expected in May as gasoline prices rebounded, though underlying inflation pressures remained muted.

S&P 500 futures fell 1.6 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 lost 15 points and Nasdaq 100 futures declined 0.25 point.