16 minutes ago NEW YORK (Reuters) - Stock index futures added to losses on Friday after a government report showed U.S. personal income tumbled unexpectedly in July and an inflation measure was at a 17-year high.Stocks had already been modestly lower as the price of oil rose and computer maker Dell Inc (DELL.O) posted a surprisingly steep drop in quarterly earnings.
S&P 500 futures fell 3.30 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.
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