US STOCKS-Futures extend gains on PCE data

Newswire

(Updates with futures reaction to PCE) NEW YORK, July 31 (Reuters) - U.S. stock index futures added to gains on Tuesday, indicating a firmly higher open for Wall Street, after a key measure of inflation was below economists' expectations. S&P 500 futures were up 13 points, well above fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 104 points, ...

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