Stock futures pare losses after GDP data

NEW YORK -

Stock index futures pared losses on Friday following a read on third-quarter gross domestic product that was higher than expected.

Still, futures remained in negative territory following disappointing results from Amazon.com and Apple Inc .

S&P 500 futures fell 4.2 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 lost 66 points and Nasdaq 100 futures slid 4.75 points.

(Reporting by Ryan Vlastelica; Editing by Bernadette Baum)