US STOCKS SNAPSHOT-Futures turn negative after data

NEW YORK, March 27 Thu Mar 27, 2014 8:52am EDT

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NEW YORK, March 27 (Reuters) - U.S. stock index futures turned negative on Thursday after data showed economic growth was a bit faster than previously estimates in the fourth quarter and weekly initial jobless claims fell to their lowest level in nearly four months.

S&P 500 e-mini futures fell 2 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 lost 11 points and Nasdaq 100 futures shed 5.5 points. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

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