Stock futures pare gains after data

Filed Under : by Akhmad Shirojuzzaman

Traders gather at the post that sells Northrop Grumman on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Dow and S&P index futures pared gains on Thursday following data on jobless claims and February durable goods orders.
Futures remained in positive territory, though light trading volume suggested that optimism was limited in scope.
S&P 500 futures rose 7.4 points, off earlier highs, and were above 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 added 57 points, and Nasdaq 100 futures rose 21.25 points.


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