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Futures rise further after data

NEW YORK (Reuters) - U.S. stocks extended gains on Friday after a government report showed business spending rebounded strongly in August even as overall new orders for long-lasting U.S. manufactured goods fell more than expected.

S&P 500 futures rose 10 points 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 84 points and Nasdaq 100 futures added 18.5 points.

(Reporting by Rodrigo Campos, Editing by Chizu Nomiyama)

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