MELBOURNE, Oct 11 (Reuters) - Australian shares are likely to extend losses into a second day on Thursday after U.S. equities sank on corporate warnings of slower growth, though local price moves may be limited ahead of monthly jobs data.
* Share price index futures
fell 0.6 percent, or 25 points to 4,459, a 31.7-point discount to the 4,490.7 close of the underlying S&P/ASX 200 index
. The benchmark pulled back from 14-month highs on Wednesday after the IMF cut its growth forecasts for China, Australia's biggest export market.
* New Zealand's benchmark NZX 50 index
fell 0.4 percent to 3,871.4 points in early trade.
* U.S. stocks fell after Chevron said profits would fall sharply in its most recent period.
* Copper was steadier and aluminium fell to its lowest in more than a month in London trading.
* Brent crude futures eased as concerns about slowing economic growth hit Wall Street and pulled oil lower, after prices had received an early lift from tension in the Middle East.
* Local jobs data at 0030 GMT is expected to show only a slight gain of 3,750 jobs in September and the jobless rate rising to 5.3 pct, from 5.1 pct.
* The Australian competition regulator is expected to rule on Seven Group Holdings
bid for Consolidated Media Holdings on Thursday. If blocked, the ruling would clear the way for Rupert Murdoch's News Corp to go ahead with an agreed $2 billion offer.
---------------------MARKET SNAPSHOT @ 2209 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1432.56 -0.62% -8.920 USD/JPY 78.1 -0.09% -0.070 10-YR US TSY YLD 1.6802 -- 0.000 SPOT GOLD 1760.79 -0.11% -1.950 US CRUDE 91.22 -0.03% -0.030 DOW JONES 13344.97 -0.95% -128.56 ASIA ADRS 117.41 -0.60% -0.71 -------------------------------------------------------------
* Blue chips Chevron, Alcoa lead Wall Street's sell-off
* Oil falls as economic worries, stock market pressure�
* Gold ends flat as stimulus fades, euro zone eyed
* Copper steady; aluminium flops to 1-month low
For a digest of the day's business stories in Australian newspapers, double click on
(Reporting by Miranda Maxwell; Editing by John Mair)
((miranda.maxwell@thomsonreuters.com)(Reuters Messaging: miranda.maxwell.thomsonreuters.com@reuters.net)(+61-3 9286-1464))
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