March 13, 2013 / 12:41 PM / 4 years ago

US STOCKS SNAPSHOT-Futures turn positive after retail sales data

1 Min Read

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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