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Empresas y finanzas

Stock futures tumble after grim November jobs data


    NEW YORK (Reuters) - Stock index futures extended losses on Friday as government data showed job losses surged in November, sending the unemployment rate to 6.7 percent, the highest since 1993, as the worst financial crisis since the 1930s accelerated.

    * S&P futures drop 23.8 points, a session low, as data shows U.S. employers axed payrolls by a steeper-than-expected 533,000 in November for the weakest performance in 34 years.

    * Investors also were on edge about the fate of the U.S. auto industry, with executives of the big three U.S. auto makers, including General Motors , returning to Capitol Hill to plead for a $34 billion government rescue.

    * Payrolls were expected to fall by 340,000 and the unemployment rate to rise to 6.8 percent.

    (Reporting by Ellis Mnyandu; Editing by Kenneth Barry)