US STOCKS SNAPSHOT-Futures turn positive after retail sales data
NEW YORK, March 13
NEW YORK, March 13 (Reuters) - 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.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.