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Futures trim gains after jobless data


    NEW YORK (Reuters) - U.S. stock index futures trimmed gains on Thursday after data showed applications for unemployment insurance fell modestly in the latest week, while the number of people still drawing benefits unexpectedly rose.

    S&P 500 futures rose 0.8 point and were 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 gained 4 points, and Nasdaq 100 futures added 2 points.

    (Editing by Jeffrey Benkoe)