Stocks futures fall on Citigroup, Goldman results
Stock futures fell on Thursday after quarterly results from Goldman Sachs Group
Goldman's results came a day after much stronger-than expected-numbers JPMorgan Chase & Co
Shares in Goldman Sachs fell 2.4 percent before the bell to $187.63 while Citigroup Inc
I think expectations have just gotten so high after JPMorgan and all the rhetoric from yesterday, said Keith Davis, financial analyst at Farr, Miller & Washington in Washington, D.C.
S&P 500 futures fell 5.50 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 37 points, and Nasdaq futures lost 9.75 point.
(Reporting by Edward Krudy; Editing by Padraic Cassidy)
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