US STOCKS-Futures tumble as oil, rouble slide further

martes 16 de diciembre de 2014 09:19 GYT

* Futures down: Dow 91 pts, S&P 13 pts, Nasdaq 34 pts

By Rodrigo Campos

NEW YORK Dec 16 (Reuters) - U.S. stock index futures fell on Tuesday as a further slide in crude oil prices and the Russian rouble sent traders fleeing from risky assets.

The rouble lost about 10 percent against the U.S. dollar, trading near 72 per dollar after hitting a low near 80 even after Moscow's central bank hiked its main interest rate to 17 percent from 10.5 percent.

Brent crude lost more than 3 percent to $58.96 per barrel after hitting a low of $58.50 and U.S. crude was down almost 3 percent at $54.26 after hitting $53.80.

Adding to global concerns, data showed factory activity shrinking in China and euro zone business growth remaining weak.

"The market is reflecting a global macro concern more than anything," said Art Hogan, chief market strategist at Wunderlich Securities in New York.

"The trigger point is commodities, in this case oil, in a free fall, forcing people to completely avoid stocks; until we get some stabilization in energy prices I think we're going to continue to see that trade."

S&P 500 e-mini futures were down 13 points and fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract, indicated a lower open. Dow Jones industrial average e-mini futures fell 91 points and Nasdaq 100 e-mini futures lost 34 points.   Continuación...