Futures pare losses after fourth-quarter GDP report

(Reuters) – U.S. stock index futures pared some losses on Thursday after data showed domestic economy rose at a 2.1% annualized rate in the fourth quarter, in line with expectations.

Futures were lower earlier as investors fretted over the economic impact of a fast spreading coronavirus in China.

At 8:36 a.m. ET, <1YMcv1> were down 158 points, or 0.55%. were down 19.5 points, or 0.6% and were down 35.5 points, or 0.39%.

Moments before the data, e-minis <1YMcv1> were down 179 points, or 0.62%. e-minis were down 22 points, or 0.67% and e-minis were down 46.25 points, or 0.51%.

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