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US STOCKS-S&P futures fall as Apple forecast hits tech
NEW YORK, Jan 22 (Reuters) - U.S. S&P 500 stock index futures slid after the closing bell on Tuesday as a weaker-than-expected forecast by Apple Inc. (AAPL.O: Quote, Profile, Research) hit shares of major technology companies.
S&P 500 futures SPc1 were down 8.20 points, below fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.
AAPL down 11%..