Bloomberg News

Nasdaq-100 Index Futures Decline After Apple Says Jobs Died

October 05, 2011

Oct. 5 (Bloomberg) -- Nasdaq-100 Index futures dropped after Apple Inc. said Steve Jobs, its co-founder and former chief executive officer, died. Apple shares were halted.

Futures on the index lost 0.7 percent to 2,152.50 at 8:08 p.m. New York time. Apple, which has the biggest weighting among any stock in the Nasdaq-100 at 15 percent, was halted before the announcement and didn’t resume before the extended trading session ended. Standard & Poor’s 500 Index futures fell 0.2 percent to 1,133.30.

--Editor: Chris Nagi

To contact the reporter on this story: Nick Baker in New York at nbaker7@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net


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