US STOCKS-Futures sink on gloomy outlooks, slump fears

Newswire

NEW YORK, Nov 26 (Reuters) - U.S. stock index futures extended losses on Wednesday as disappointing outlooks from companies including luxury jeweler Tiffany & Co and trash hauler Waste Management heightened fears about the deepening economic slump. News that Toyota has had its top-notch credit ratings cut for the first time in a decade added to the nervousness. For details, see [ID:nT14411] S&P 500 futures fell 16.40 points and were below fair value, a formula that evaluates ...

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