US STOCKS SNAPSHOT-Futures dip after Citi earnings

Reuters

NEW YORK, Oct 15 (Reuters) - S&P 500 futures turned negativein low volume in early trading on Tuesday after Citigroupreported a marginal fall in adjusted quarterly profit fromongoing businesses.

S&P 500 futures fell 1.5 points and were below fairvalue, a formula that evaluates pricing by taking into accountinterest rates, dividends and time to expiration of thecontract. Dow Jones industrial average futures added 10points and Nasdaq 100 futures rose 3 points.

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