NEW YORK (Reuters) - Stock index futures fell on Wednesday after a gauge of manufacturing in New York state unexpectedly fell in September, while import prices logged their largest increase in four months in August.
S&P 500 futures dipped 5.3 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were off 46 points, and Nasdaq 100 futures fell 7.75 points.
(Editing by Jeffrey Benkoe)
