S&P 500, Nasdaq futures extend losses slightly after August PPI data

Sept 10 (Reuters) – The S&P 500 and Nasdaq ​futures extended ‌losses slightly on Thursday after producer prices data for ‌August.

A ​Labor ⁠Department report showed ⁠the Producer Price Index rose 5.4% on an ​annual basis in August, compared ⁠with ⁠estimates of a ​5.3% increase.

On a ​monthly basis, it rose ‌0.4% compared with an estimated 0.4% rise.

At ⁠8:34 a.m. ET, Dow E-minis were down 152 points, or 0.29%, and ⁠S&P ‌500 E-minis ⁠were down 36.25 points, or 0.47%. ​Nasdaq ‌100 E-minis were down 325 points, ​or 1.1%.

(Reporting ⁠by Tharuniyaa Lakshmi and NIket Nishant in Bengaluru; editing by Maju ​Samuel)