US STOCKS SNAPSHOT-Futures hold gains after data

NEW YORK, June 27 Wed Jun 27, 2012 8:38am EDT

NEW YORK, June 27 (Reuters) - The S&P 500 index futures held modest gains on Wednesday after data showed demand for long-lasting U.S. manufactured goods rebounded more than expected in May.

S&P 500 futures rose 2.1 points, but were little changed in terms of 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 fell 1 points while Nasdaq 100 futures added 2.75 point.

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