US STOCKS SNAPSHOT-Futures add to gains after home price data

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NEW YORK, July 27 | Tue Jul 27, 2010 9:07am EDT

NEW YORK, July 27 (Reuters) - U.S. stock futures added to gains on Tuesday after data showed U.S. home prices rose more than expected in May.

S&P 500 futuresSPc1 rose 6.9 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. (Reporting by Caroline Valetkevitch; editing by Jeffrey Benkoe)

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