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US STOCKS -Futures turn positive after retail sales data
by Cals Thu 14 Mar 2013, 03:18
US STOCKS -Futures turn positive after retail sales data
Business & Markets 2013
Written by Reuters
Wednesday, 13 March 2013 20:47
NEW YORK, March 13: U.S. stock index futures erased earlier declines to turn positive after data showed retail sales rose more than expected in February.
Investors were also perusing a separate report that showed import prices gained last month as fuel prices rose.
S&P 500 futures rose 1.4 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures added 6 points and Nasdaq 100 futures were up 0.5 point. -- Reuters
Business & Markets 2013
Written by Reuters
Wednesday, 13 March 2013 20:47
NEW YORK, March 13: U.S. stock index futures erased earlier declines to turn positive after data showed retail sales rose more than expected in February.
Investors were also perusing a separate report that showed import prices gained last month as fuel prices rose.
S&P 500 futures rose 1.4 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures added 6 points and Nasdaq 100 futures were up 0.5 point. -- Reuters
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