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Stock futures trim gains after data

NEW YORK (Reuters) - Stock index futures trimmed gains on Monday after data showed October retail sales were stronger than forecast but manufacturing growth in New York declined in November.

S&P 500 futures rose 3.5 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 jumped 46 points and Nasdaq 100 futures added 15.25 points.

(Reporting by Rodrigo Campos; editing by Jeffrey Benkoe)

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