January 18, 2011 / 1:12 PM / 9 years ago

US STOCKS SNAPSHOT-S&P futures give up gains after Citi results

NEW YORK, Jan 18 (Reuters) - S&P futures gave up their gains to turn flat on Tuesday after Citigroup Inc (C.N) reported fourth-quarter results.

Citigroup shed 3.1 percent to $4.97 before the bell.

S&P 500 futures SPc1 fell 1.1 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 DJc1 added 14 points, and Nasdaq 100 futures NDc1 fell 17.25 points. (Reporting by Ryan Vlastelica)

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