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DuPont warning sinks stock futures further

    NEW YORK (Reuters) - Stock futures extended losses on Thursday as a forecast of a quarterly loss from chemical maker DuPont and disappointing sales from retailer Target heightened worries about the deepening economic slump.

    * Dow futures at session lows, down 159 points; S&P 500 futures off 16 points and below fair value.

    * Before DuPont, investor sentiment had already taken a hit from pharmaceutical company Merck & Co Inc's disappointing 2009 profit outlook.

    * Besides DuPont and Merck, AT&T , a fellow Dow component, cut its capital expenditure budget and said it will eliminate 12,000 jobs.

    (Reporting by Ellis Mnyandu, Editing by Kenneth Barry)

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