Stock futures add to gains after housing, claims data


NEW YORK (Reuters) - Stock index futures added to gains after data showed initial jobless claims fell to a five-year low last week and housing starts climbed to their highest rate since June 2008.


S&P 500 futures rose 6.3 points and were 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 8 points and Nasdaq 100 futures gained 12.25 points.


(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)



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