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News / Nation & World

Stock futures edge higher ahead of consumer data

The Columbian
Published: June 11, 2010, 12:00am

NEW YORK (AP) — Stock futures are edging higher as investors make modest bets that another round of economic reports will show continued domestic growth.

The modest movements Friday come a day after the Dow Jones industrial average surged 279 points on fresh signs of a global recovery.

Three reports due out Friday are expected to show the U.S. recovery is continuing at its slow, steady pace. Economists forecast retail sales and business inventories rose, while consumer sentiment is improving.

Dow Jones industrial average futures are up 15, or 0.2 percent, at 10,102. Standard & Poor’s 500 index futures are up 2.00, or 0.2 percent, at 1,081.50, while Nasdaq 100 index futures are up 2.75, or 0.2 percent, at 1,823.75.

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