US stock index losses after data over US economy slower pace

Dow e-minis was down 181 points, or 0.73 per cent. S&P 500 e-minis was down 25.75 points, or 0.96 per cent and Nasdaq 100 e-minis were down 130.75 points, or 1.89 per cent.

U.S. stock index futures pared some losses on Friday after economic data showed that the U.S. economy grew at a slower pace than expected.

Compared to the third quarter of 2017, the economy grew 3.0 per cent, the best performance since the second quarter of 2015, while economists polled by Reuters had forecast GDP expanding at a 3.3 per cent pace in the third quarter.

At 8:34 a.m. ET, Dow e-minis was down 181 points, or 0.73 per cent. S&P 500 e-minis was down 25.75 points, or 0.96 per cent and Nasdaq 100 e-minis were down 130.75 points, or 1.89 per cent.

A minute before the data came out, Dow e-minis were down 0.87 per cent, S&P 500 e-minis were down 1.12 per cent and Nasdaq 100 e-minis were down 2.04 per cent.