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Stock futures positive after payrolls data


    NEW YORK (Reuters) - Stock index futures turned positive on Friday after stronger-then-expected payrolls data suggested the economy may avoid another recession.

    S&P 500 futures rose 10.7 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 gained 83 points, and Nasdaq 100 futures added 14.75 points.

    (Editing by Jeffrey Benkoe)