US STOCKS-Futures extend drop on data

NEW YORK, March 1 (Reuters) U.S. stock index futures extended losses on Thursday after government data showed both core personal consumption expenditures and jobless claims rose more than analysts' forecasts.

S&P 500 futures were down 14.9 points, below fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.

Dow Jones industrial average futures fell 114 points, and Nasdaq 100 futures declined 26 points.

REUTERS KR PM1907