Bloomberg News

U.S. Stock Futures Extend Losses as G-20 Disagrees on IMF Aid

November 04, 2011

Nov. 4 (Bloomberg) -- U.S. stock-index futures extended losses after German Chancellor Angela Merkel said the Group of 20 nations failed to agree on how to use International Monetary Fund resources in the effort to tame Europe’s debt crisis.

Futures on the Standard & Poor’s 500 Index expiring in December lost 0.7 percent to 1,247.7 at 8:04 a.m. in New York.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net


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