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2010.09.2810:23:00UTC+00Us Stocks Index Futures rise After Home Price Data

News

  • U.S. stocks index futures  extended gains after data showed home prices  declined slightly in July and were seen stabilizing.
  • S&P 500 futures rose 4 points and were above fair value. Dow Jones industrial average futures gained 30 points and Nasdaq 100 futures added 9 points.
  • The S&P/Case-Shiller composite index of 20 cities declined 0.1 pct in July from June on a seasonally adjusted basis, as expected.
  • On seasonally unadjusted basis, the index gained 0.6 pct, more than the 0.4 pct forecast.

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