US STOCKS SNAPSHOT-Futures trim gains after durable goods data

NEW YORK Tue Jan 28, 2014 8:34am EST

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NEW YORK Jan 28 (Reuters) - U.S. stock index futures pared gains on Tuesday after data showed orders for long-lasting U.S. manufactured goods unexpectedly fell in December as did a gauge of planned business spending on capital goods.

S&P 500 e-mini futures rose 2.25 points and but remained 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 gained 29 points and Nasdaq 100 futures lost 21 points.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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