Futures trim gains after jobless data
U.S. stock index futures trimmed gains on Thursday after data showed applications for unemployment insurance fell modestly in the latest week, while the number of people still drawing benefits unexpectedly rose.
S&P 500 futures rose 0.8 point 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 gained 4 points, and Nasdaq 100 futures added 2 points.
(Editing by Jeffrey Benkoe)
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