April 25 (Reuters) - U.S. stock index futures extended
losses on Thursday as signs of robust economic growth dampened
prospects of the Federal Reserve cutting interest rates anytime
soon.
The Commerce Department's snapshot of first-quarter gross
domestic product (GDP) showed 1.6% growth, against a 2.4%
increase forecast by economists polled by Reuters.
A separate report from the Labor Department showed the
number of Americans filing new claims for unemployment benefits
stood at 207,000 in the week ended April 20, against a consensus
forecast of 215,000.
At 8:32 a.m. ET, Dow e-minis were down 401 points,
or 1.04%, S&P 500 e-minis were down 58.75 points, or
1.15%, and Nasdaq 100 e-minis were down 269.25 points,
or 1.52%.