US STOCKS SNAPSHOT-Futures trim gains after data

Mon Nov 16, 2009 8:42am EST
 
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NEW YORK, Nov 16 (Reuters) - U.S. stock index futures trimmed gains on Monday after data showed manufacturing in New York State fell more than expected in November, even as retail sales grew at a faster pace than expected for October.

For details, see [ID:nN15305681] and [ID:nN16371323]

* S&P 500 futures SPc1 gained 7.8 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. Dow Jones industrial average futures DJc1 rose 46 points, and Nasdaq 100 futures NDc1 added 11.75 points.

(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)

 

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