US STOCKS SNAPSHOT-Futures trim declines after spending data

NEW YORK Aug 30 (Reuters) - S&P 500 index futures edged into positive territory on Monday, trimming earlier declines after data showed consumer spending rose at the strongest pace in four months in July.

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S&P 500 futures SPc1 added 0.3 point and were slightly 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 DJc1 slipped 28 points, and Nasdaq 100 futures NDc1 were off 0.75 points. (Reporting by Leah Schnurr; editing by Jeffrey Benkoe)