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Stock futures little changed after data


    NEW YORK (Reuters) - Stock index futures were little changed on Thursday after U.S. data showed the U.S. economy shrank 1 percent in the second quarter while the number of initial jobless claims fell, but less than forecast.

    S&P 500 futures rose 1.7 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 16 points, and Nasdaq 100 futures fell 0.5 point.

    (Reporting by Rodrigo Campos; editing by Jeffrey Benkoe)