US STOCKS SNAPSHOT-Futures boosted by jobless claims data

NEW YORK, July 8 (BestGrowthStock) – U.S. stock index futures rose
on Thursday after data showed first-time claims for jobless
benefits fell more than expected last week.

* Futures also overcame earlier weakness as several top
retail chains reported June same-store sales that beat Wall
Street’s expectations. For details, see [ID:nN07157763]
[ID:nN07207305]

* S&P 500 futures (SPc1: ) rose 4.3 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: ) gained 34
points, and Nasdaq 100 futures (NDc1: ) added 6.5 points.
(Reporting by Leah Schnurr)

US STOCKS SNAPSHOT-Futures boosted by jobless claims data