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Stock futures trim declines after GDP data

NEW YORK (Reuters) - Stock index futures trimmed earlier declines and pointed to a steady open for Wall Street on Friday after data showed economic growth picked up at a faster pace than expected in the third quarter.

S&P 500 futures were off 1 point, and were below 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 slipped 27 points and Nasdaq 100 futures added 0.75 point.

(Reporting by Leah Schnurr; Editing by Bernadette Baum)

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